
ZippyWaffle
15mo
Have you enrolled in ESPP?
You might have got refund from ESPP and there can be n number of reasons why u got refund.
For eg: let's say you were contributing 1k every month that makes 6k for 6 months. And since 1 share price is around 360 usd which is approx 30k even after 15% discount u won't get a share for 6k, so that 6k will be refunded.
Or let's say u were contributing 5k every month that makes around 30k for 6 months after applying 15% discount a single share price would be around 24-25k a single share will be accumulated to your account and the remaining 5-6k is refunded back to you as "other earnings - nt'
Discover more
Curated from across
