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If you were granted stock options and have already exercised some or all of those vested options before your departure, you already own those shares?your company usually can't claim or repurchase them when you leave. However, you may want to check your grant to be sure.
ESPP Offering Periods and Purchase Periods ESPPs usually have 3- to 24-month offering periods. This is the period of time during which cash contributions are made to the plan via payroll deductions. The first day of the offering period is known as the offering date.
Yes. The payroll deductions you have set aside for an ESPP are yours if you have not yet used them to purchase stock. You will need to notify your plan administrator and fill out any paperwork required to make a withdrawal. If you have already purchased stock, you will need to sell your shares.
If you leave or terminate from the company, you will cease to participate in the ESPP and your contributions will be refunded as soon as administratively possible.
If you stop contributing during the offering period, you will need to re-enroll during a future enrollment period to participate in the Plan. Q: Can I withdraw from participating in the ESPP at any time? A: Yes. You may withdraw from the ESPP by notifying Fidelity and completing a withdrawal election.