A simple stock ledger should be created for each startup. This ledger contains the list of stockholders in the company along with:
- Stock Certificate Number
- Type of Stock
- Name of Stockholder
- Number of Shares
- Date the Shares Were Issued
- Address of Stockholder
- Date the Shares Were Cancelled (if applicable)
- Date of Board Consent Approving the Stock Issuance
These stock ledgers can get much more complicated as you hit additional rounds of financing. However, at first, they can be kept really simple. Here’s a simple Stock-Ledger.
