Employee Stock Purchase Plans

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What You Should Know About Rising Interest Rates and Your ESPP

As interest rates increase, companies should optimize ESPP valuation by reducing fair value for interest foregone. Most experts anticipate that the United States will continue to increase interest rates during 2022. Over the last 20...
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What is an ESPP?

What is an ESPP, how does it work, and what benefits can it provide to employees? What is an ESPP? An Employee Stock Purchase Plan (“ESPP”) is an employee benefit plan that allows employees to...
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ESPP Valuation – 4 Missing Pieces

You may be overvaluing your ESPP expense. Current Market Practice ESPPs are valued based on their plan design features, which frequently results in multiple components to estimate the fair value. The accounting requirements under ASC...
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Counting the Costs and Balancing the Benefits

Financial Engineering for ESPPs. Fidelity Investments and Infinite Equity teamed up to explore how ESPP elements fit together to help companies engineer a plan to manage financial implications and deliver balanced benefits.
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“Cadillac” ESPP Considerations: What You Need to Know Before Adopting

Balance this exceptional employee benefit with compliance and administrative ease. Introduction Employee Stock Purchase Plans (ESPPs) are common among public companies, and it is easy to see why. On the participant side, ESPPs allow a...
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The Case for an ESPP at IPO

A unique opportunity to ensure an ongoing ownership culture. 2021 has been a banner year for IPOs, and particularly for companies going public via a special-purpose acquisition company (“SPAC”). Expectations were high coming into the...
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The Forgotten Participant: Nonqualified ESPPs for Your Essential Workers

Background and Current Market Environment The COVID-19 pandemic has placed compensation and benefits front and center, particularly for front-line employees (“essential workers”) like grocery store, warehouse, and food-service workers who do not have the luxury...
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Private Company ESPPs: Thinking Outside the Public Company Box

ESPPs for small- to mid-sized private companies. Employee stock purchase plans (ESPPs) have traditionally been a vehicle for public companies, and are often rolled out upon an initial public offering to rally human capital. For...