Are stock options different from employee stock purchase plan shares?
Stock options are completely different and separate from your ESPP shares. Stock options may be granted at the beginning of your employment and then at various points in your employment. These shares vest, or effectively become exercisable, as you continue to work for the company. They are not shares owned but rather shares that you may own if you choose to exercise the option and pay the exercise price. ESPP shares are shares that you purchase regularly at a discount and own outright. You may sell these shares at any time as long as there is not a current blackout or trading window restriction (see below). In contrast to the stock option, as you own shares purchased for the ESPP, there is no expiration date for shares purchased through the ESPP plan. You may sell your ESPP shares through Conifer and we are more than happy to assist you with your ESPP.
Related Questions
- What new functionality will be available with the new Employee Stock Purchase application with respect to the sale of ESPP shares after the reclassification?
- I hold shares in the AFG Dividend Reinvestment Plan (DRIP) or AFG Employee Stock Purchase Plan (ESPP). How did the stock split affect these holdings?
- Are stock options different from employee stock purchase plan shares?
