Author Topic: ESPP - selling shares  (Read 359 times)

doneby35

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ESPP - selling shares
« on: February 18, 2020, 08:44:57 AM »
Hey everyone,
My company offers an ESPP program allowing employees to buy shares at a 15% discount, with a 6 month offering period and a lookback features. So if the share price was $10 at the beginning of the offering period and $15 at the end of the offering period, the shares get purchased for $8.5 (15% of $10).
However, selling the shares is subject to insider trading windows, which is a quarterly window.

I was learning more about ESPPs, and people were saying it's great but only if you get to sell the shares immediately after the purchase date. Since I have to abide by inside trading windows, is this still a good deal?

MDM

  • Senior Mustachian
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Re: ESPP - selling shares
« Reply #1 on: February 18, 2020, 09:02:18 AM »
Perhaps not a great deal but still a good deal. :)

Tuskalusa

  • Bristles
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Re: ESPP - selling shares
« Reply #2 on: February 18, 2020, 10:32:41 AM »
Weíve always found this to be a good way to save a chunk of cash. We are subject to trading windows, as well. However, itís really nice to get a nice chunk of cash every 6 months, with a nice gain attached (even if itís no totally optimal).

doneby35

  • Bristles
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Re: ESPP - selling shares
« Reply #3 on: February 18, 2020, 05:53:18 PM »
Just what I wanted to hear to move forward with it. Thank you both!