understanding how your espp worksto increase or decrease your payroll deduction and suspend or stop...

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Your Employee Stock Purchase Plan (ESPP) offers you a convenient way to acquire shares of your company’s stock, often at a discount. The chart below helps you understand the stages of an ESPP, defines some important terms, and explains how you can use the Stock Plan Account to help monitor and manage your plan. PURCHASE PERIOD The stages of your ESPP From enrollment to the sale of shares You enroll during the enrollment period as specified in your plan documents. Your company may offer either a single or open enrollment for an offering period. During the enrollment period, you may also be allowed to increase or decrease your payroll deduction and suspend or stop contributions. When you purchase shares, you can keep the purchased company stock and sell it at a later date or sell it immediately. When you sell the shares, you can request a wire or check, in multiple currencies. Once your company shares are purchased, they are deposited and held in your Stock Plan Account. Most plans do not have a holding requirement. If your plan does have a holding period, refer to your plan rules. When you sell the shares, you may be required to pay taxes. Tax rules vary by country, and it is recommended that you consult your tax advisor for advice. You may be able to contribute a percentage or a flat dollar amount (in after-tax dollars). Your plan rules will stipulate the amount you may contribute of your eligible compensation. This money is automatically set aside each pay period and held by your company until the purchase date. Many companies allow you to withdraw your accumulated contributions at any time, subject to your plan’s restrictions. On the purchase date specified by your plan, Fidelity Stock Plan Services automatically purchases as many whole and fractional shares as possible (if plan rules allow) with the accumulated funds in your Stock Plan Account. Your plan may offer you a discount off the fair market value (FMV) of the stock on the first or last day of the offering period, whichever price is lower. ENROLLMENT PERIOD OFFERING PERIOD HOLD OR SELL SHARES ACCESS PROCEEDS Monitor and manage Work with your ESPP online through NetBenefits.com. Get started by completing your Participant Agreement online. • Go to NetBenefits.com. • Click the Outside U.S. Employees tab and log in. • If you are a new user, you will need to complete the new user registration by clicking Register Now. You will be required to enter your: o Participant number (begins with an “i” and is provided by Fidelity Stock Plan Services) o Employee ID (provided by your employer) o Date of birth • Create a username, password, and a security question. Click Submit and then Log In. While your funds accumulate, you can: • Change your payroll deduction. • Review your company ESPP under the Stock Plan Summary tab. To see your purchased shares: • Once logged in to NetBenefits.com, click your ESPP link and choose Transaction History. To access your proceeds: In the Stock Plan Summary tab, click the Stock Plan Account link. Then choose Withdraw Money. • You can request a wire or check, in more than 100 currencies. Transaction and currency conversion fees apply. Sell your shares by placing a trade through Fidelity Stock Plan Services: • Log in to NetBenefits.com. In the Plan Summary tab, click the Stock Plan Account link. You will be taken to the Position Summary/Cost Basis page. You will have the ability to choose the Stock Sell Request link. • To contact Fidelity Stock Plan Services, go to Fidelity.com/globalcall for phone numbers and dialing instructions. For further assistance, contact a Fidelity Stock Plan Services Representative. Representatives are available Monday through Friday, from 8 a.m. to 8 p.m. your local time, excluding holidays of the New York Stock Exchange except Good Friday. Calling instructions can be found at Fidelity.com/globalcall. Fees are subject to change. <Long company name> and Fidelity Stock Plan Services are not affiliated. Recordkeeping and administrative services for your company’s Employee Stock Purchase Plan are provided by your company and its service providers. Fidelity Stock Plan Services, LLC © 2017 FMR LLC. All rights reserved. 627808.6.0 01/32317 Understanding how your ESPP works LOGO

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Page 1: Understanding how your ESPP worksto increase or decrease your payroll deduction and suspend or stop contributions. When you purchase shares, you can keep the purchased company stock

Your Employee Stock Purchase Plan (ESPP) offers you a convenient way to acquire shares of your company’s stock, often at a discount. The chart below helps you understand the stages of an ESPP, defines some important terms, and explains how you can use the Stock Plan Account to help monitor and manage your plan.

PURCHASE PERIOD

The stages of your ESPPFrom enrollment to the sale of shares

You enroll during the enrollment period

as specified in your plan documents. Your

company may offer either a single or open

enrollment for an offering period. During the

enrollment period, you may also be allowed

to increase or decrease your payroll deduction

and suspend or stop contributions.

When you purchase shares, you can

keep the purchased company stock

and sell it at a later date or sell it

immediately. When you sell the

shares, you can request a wire or

check, in multiple currencies.

Once your company shares are

purchased, they are deposited

and held in your Stock Plan

Account. Most plans do not have a

holding requirement. If your plan

does have a holding period, refer

to your plan rules. When you sell

the shares, you may be required to

pay taxes. Tax rules vary by country,

and it is recommended that you

consult your tax advisor for advice.

You may be able to contribute a

percentage or a flat dollar amount (in

after-tax dollars). Your plan rules will

stipulate the amount you may contribute

of your eligible compensation. This

money is automatically set aside each

pay period and held by your company

until the purchase date. Many companies

allow you to withdraw your accumulated

contributions at any time, subject to your

plan’s restrictions.

On the purchase date specified by

your plan, Fidelity Stock Plan Services

automatically purchases as many whole

and fractional shares as possible (if plan

rules allow) with the accumulated funds

in your Stock Plan Account. Your plan

may offer you a discount off the fair

market value (FMV) of the stock on the

first or last day of the offering period,

whichever price is lower.

ENROLLMENT PERIOD OFFERING PERIOD HOLD OR SELL SHARES ACCESS PROCEEDS

Monitor and manageWork with your ESPP online throughNetBenefits.com.

Get started by completing your Participant

Agreement online.

• Go to NetBenefits.com.

• Click the Outside U.S. Employees tab and log in.

• If you are a new user, you will need to complete

the new user registration by clicking Register Now.

You will be required to enter your: o Participant number (begins with an “i” and

is provided by Fidelity Stock Plan Services)o Employee ID (provided by your employer) o Date of birth

• Create a username, password, and a security

question. Click Submit and then Log In.

While your funds accumulate, you can:

• Change your payroll deduction.

• Review your company ESPP under the

Stock Plan Summary tab.

To see your purchased shares:

• Once logged in to NetBenefits.com,

click your ESPP link and choose

Transaction History.

To access your proceeds:

• In the Stock Plan Summary tab,

click the Stock Plan Account link.

Then choose Withdraw Money.

• You can request a wire or check, in

more than 100 currencies. Transaction

and currency conversion fees apply.

Sell your shares by placing a trade

through Fidelity Stock Plan Services:

• Log in to NetBenefits.com. In the Plan

Summary tab, click the Stock Plan

Account link. You will be taken to the

Position Summary/Cost Basis page. You

will have the ability to choose the Stock

Sell Request link.

• To contact Fidelity Stock Plan Services,

go to Fidelity.com/globalcall for

phone numbers and dialing

instructions.

For further assistance, contact a Fidelity Stock Plan Services Representative. Representatives are available Monday through Friday, from 8 a.m. to 8 p.m. your local time, excluding holidays of the New York Stock Exchange except Good Friday. Calling instructions can be found at Fidelity.com/globalcall.Fees are subject to change.<Long company name> and Fidelity Stock Plan Services are not affiliated. Recordkeeping and administrative services for your company’s Employee Stock Purchase Plan are provided by your company and its service providers. Fidelity Stock Plan Services, LLC © 2017 FMR LLC. All rights reserved.627808.6.0 01/32317

Understanding how your ESPP works

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