We Own My Company Stock
On 11/15 we became owners of 90 shares of my company stock.
I automatically invest $130 of every paycheck to my ESPP account. $130 x 26 pay checks equals to $3380 over one calendar year. Every quarter the money allotted is invested by Computer share. Now, I have to hold on to my stock for 3 years before it’s fully vested. After 3 years, I will be awarded one share for each share invested, as long as I’m still working at my company. So last week’s share will turn into 180 shares :), and hopefully the stock price has more than doubled so I can make a nice profit. Or at the very least not decreased.
Do you contribute to your company’s ESPP program? How much do you contribute a year? What are the guidelines? Have you profited from your investments?