Overview
As an employee of ABC Companies you contribute to the success of the company every day. Through the employee stock purchase plan (ESPP) you can continue to support and share in that success.
The ESPP gives eligible employees the opportunity to acquire ABC Companies stock at a 15% discount through after-tax payroll deductions.
Stock is offered through the ESPP in six-month intervals called the “Offering Period.”
To be eligible for the ESPP, you must be employed on the first day of the Offering Period.
On the last day of each Offering Period, the amount you saved will be used to purchase shares of ABC Companies stock. The price per share will be a 15% discount of the lower of either the market value of the shares at the beginning of close of the Offering Period.
The shares you purchase belong to you!
Plan Highlights
- Invest up to 10% of your cash compensation
- Purchase ABC Companies stock at a 15% discount
- Become a shareholder
- Easy and convenient investment
- Shares purchase bi-annually
- Three month holding period after purchase
Notices
ABC Companies ESPP will have two enrollment periods per year, commencing In June and December. Employees will be notified via email and the appropriate enrollment forms will be provided during the enrollment period.
If you have any questions, please view Documents available on the Office 365 Corporate ESPP plan site’s page.
Directors & Above: Although you may participate in the Employee Stock Purchase Plan, it is possible that your future equity grants will be reduced by an amount corresponding to your participation in the plan. The ESPP is intended as a way for employees that are not already meaningfully incented by equity to have an opportunity to participate.