Warrant Program
A systematic approach to issuing and managing warrant instruments, typically as part of corporate financing or compensation strategies. Warrant programs define terms, conditions, and procedures for warrant issuance and exercise.
For example, a company establishes a warrant program offering investors rights to purchase up to 1 million shares at $25 over three years as part of a financing package. The program specifies exercise procedures, adjustment provisions, and reporting requirements.
Administering warrant programs requires clear documentation and tracking systems. Organizations must maintain accurate records while ensuring proper disclosure.