Shares reserved for issuance Authorized but unissued shares a corporation’s board sets aside to be issued upon the conversion of outstanding convertible securities (e.g., stock options). Home Resources Startup Law Dictionary Shares reserved for issuance Return to Glossary Need legal help? Schedule a free consultation with a world-class startup attorney on LawTrades. LET'S CHAT Roy G. Business Attorney Heather N. Business Attorney Jared S. Business Attorney Tell us about your project We'll connect you with a vetted attorney in just a few minutes. Trusted by top companies like :