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<blockquote data-quote="Red Headed Stranger" data-source="post: 5752383" data-attributes="member: 90351"><p>I started doing stock as well. Yes, the DESPP is the Discounted Employee Stock Purchase Plan. According to the <strong>Annual report pursuant to Section 13 and 15(d) - UPS</strong>, the company maintains an employee stock purchase plan for all eligible employees, which was modified in 2009. <a href="https://investors.ups.com/sec-filings/annual-filings/xbrl_doc_only/3049" target="_blank">Under the modified plan, shares of UPS class A common stock may be purchased at quarterly intervals at 95% of the NYSE closing price of UPS class B common stock on the last day of each quarterly period</a>.</p></blockquote><p></p>
[QUOTE="Red Headed Stranger, post: 5752383, member: 90351"] I started doing stock as well. Yes, the DESPP is the Discounted Employee Stock Purchase Plan. According to the [B]Annual report pursuant to Section 13 and 15(d) - UPS[/B], the company maintains an employee stock purchase plan for all eligible employees, which was modified in 2009. [URL='https://investors.ups.com/sec-filings/annual-filings/xbrl_doc_only/3049']Under the modified plan, shares of UPS class A common stock may be purchased at quarterly intervals at 95% of the NYSE closing price of UPS class B common stock on the last day of each quarterly period[/URL]. [/QUOTE]
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