The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Oct. 24, 2023
Filed:
Jun. 03, 2020
Shoobx, Inc., Cambridge, MA (US);
Steven Paul Papa, Windham, NH (US);
Jason Furtado, Boston, MA (US);
Stephan Richter, Maynard, MA (US);
Jordan Vance, Watertown, MA (US);
FMR LLC, Boston, MA (US);
Abstract
In one embodiment, a method for accounting for equity transactions for an incorporated legal entity in an interactive computer system is disclosed, comprising: identifying a stock option grant document stored as an electronic document on an interactive computer system, the electronic document stored in association with an electronic record of the incorporated legal entity; identifying a stock option grant in the stock option grant document, stored as core record metadata within the stock option grant document; determining a number of granted stock options using the stock option grant stored as core record metadata; subtracting the number of granted options from a stock option grant user account associated with both a user and the incorporated legal entity; and subtracting the number of granted options from an outstanding shares account associated with the incorporated legal entity, in conjunction with a stock option exercise document and as a number of granted shares.