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UPS Partners
Stock Option question?
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<blockquote data-quote="lkjh" data-source="post: 54068"><p>I were to buy some stock at the employee price (p/t sup) </p><p> </p><p>At the discounted price? You might want to check into it. </p><p> </p><p>Not about keeping it you can keep it, but often shares that are purchased at a discount are encumbered for some amount of time and during that period you cant sell it. </p><p> </p><p>Often theyll be encumbered for a year or two. I never followed what UPS does specifically because it doesnt apply to me. </p><p> </p><p>A lot of times theyll also limit the amount you can purchase or the number of times you can purchase. </p><p> </p><p>The reason is because they want to prevent you from walking in one morning and buying a big block at a 10% discount then turning around and selling it for full price that afternoon. So once you buy it you generally have to sit on it for a while. </p><p> </p><p>Just something to keep in mind.</p></blockquote><p></p>
[QUOTE="lkjh, post: 54068"] I were to buy some stock at the employee price (p/t sup) At the discounted price? You might want to check into it. Not about keeping it you can keep it, but often shares that are purchased at a discount are encumbered for some amount of time and during that period you cant sell it. Often theyll be encumbered for a year or two. I never followed what UPS does specifically because it doesnt apply to me. A lot of times theyll also limit the amount you can purchase or the number of times you can purchase. The reason is because they want to prevent you from walking in one morning and buying a big block at a 10% discount then turning around and selling it for full price that afternoon. So once you buy it you generally have to sit on it for a while. Just something to keep in mind. [/QUOTE]
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