Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How will the reclassification affect the Employee Stock Purchase Plan (ESPP)?

affect employee espp Plan purchase reclassification stock
0
Posted

How will the reclassification affect the Employee Stock Purchase Plan (ESPP)?

0 CommentsAdd a Comment

1 Answer

0

Shares of class A preferred stock purchased under the ESPP before the reclassification will automatically be reclassified as shares of common stock. Future purchases made under the ESPP will be shares of common stock.

0 CommentsAdd a Comment
What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.