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LTSE Equity <> Astrella Transition FAQ
Cancel Option Grant (Lapse)
To cancel an option grant so all granted options return back to the pool, you will need to record a Lapse on the grant. From the main cap table page, click the Options and Equity Grants tab from the top.
Select the particular grant by its ID number.

Click the Lapse button towards the top.

Here, enter the termination date and select Lapse button
