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re: Employee Stock Purchase Program

Posted on 4/29/14 at 6:59 am to
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 4/29/14 at 6:59 am to
That's a pretty good deal. Ours allows us to put in 10%, but there's no match. They just buy at a discount. At the end of every quarter, they take all the money you contribute and buy at the price at the first or last day of the quarter, whichever is lower plus an employee discount. I like the idea of the match with a vesting period. You start out at 100% returns.....I can wait three years for that.
This post was edited on 4/29/14 at 9:52 am
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 4/29/14 at 10:45 am to
quote:

That's a pretty good deal. Ours allows us to put in 10%, but there's no match. They just buy at a discount. At the end of every quarter, they take all the money you contribute and buy at the price at the first or last day of the quarter, whichever is lower plus an employee discount. I like the idea of the match with a vesting period. You start out at 100% returns.....I can wait three years for that.

his sounds like a great deal, most ESPP have gone to shite. For us they do the lowest price in the last 30 days of the quarter for the purchase, but you have to hold onto it for at least 30 days. And this can wipe out any gains.
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