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 Motorola Employee Stock Purchase Programme, Need some experts on this

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ohserena
post Dec 18 2008, 04:03 PM

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From: Ipoh, China


QUOTE(mtsen @ Dec 18 2008, 01:40 AM)
there should be a feature where if the stock price drops below 15% you don't have to buy it.  In that case, you don't even pay once for any exchange.
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hello!
I am an ex-motorolan.

What mentioned by mtsen is not MOT Share.

Motshare: You are buying a portion of the share (pooled by all employee). But the process is, HR help u to save up ur money for a dedicated time frame of 6 months and HR only going to purchase the MOTshare after 6 months. They will choose the price on either the 1st day or the last day of the time frame, whichever price is lower. This is tricky because at that time, we all tot they will buy the lowest price throughout 6 months.

Anyway, I'm happy because I actually gained profits from buying & sharing Motorola Share. However those that bought it at my time frame (last year) and didn't manage to sell it, they are bearing losses now. At the time when i bought share, it is USD17+ after discount and i manage to sold it at USD19.20. However, there are a few buddies of mine planning to kept their share when they leave the company. It is only worth USD4.41 now.

This post has been edited by ohserena: Dec 18 2008, 04:06 PM

 

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