Author Topic: Private company ESPP  (Read 1668 times)

ShoulderThingThatGoesUp

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Private company ESPP
« on: February 03, 2016, 12:25:03 PM »
I work for an "employee-owned" company which matches 401(k) purchases in company stock, which I can't sell until I leave, and also offers a payroll deduction stock purchase plan. The "PDSPP" gives a 10% discount on shares.

Concerns:
1. The quarterly market doesn't always clear, so sellers get to sell pro-rated amounts of shares at the set price. The company may clear the market, but recently has not.
2. There is a private equity stake in the company and no published plan for resolving this.
3. Do I have to wait two years to sell?

What are everybody's thoughts? 10% seems like a good discount, but I have no desire to be heavily invested in my employer in terms of assets.