You can sell stock as soon as it is vested and the holding period has expired.
- Stock obtained through the Stock Purchasing Plan (SPP) has a 1-year holding period. This means you cannot sell the shares until 1 year after the stock was purchased.
- SPP Bonus Incentives have a 1-year vesting period. This means you will not take full possession of the shares until 1 year after the award is issued - and you will not be able to sell until after the shares vest and you take possession.
- Stocks that are awarded for Capping, Elite Capping, Elite Agent Production, Elite Agent Cultural Award, and Attracting have a 3-year vesting period.This means you will not take full possession of the shares until 3 years after the award is issued - and you will not be able to sell until after the shares vest and you take possession.
Comments
0 comments
Please sign in to leave a comment.