Employee Stock Purchase Plan

Employee Stock Purchase Plan

Through the ESPP, eligible employees can share in the Company’s future success through direct stock ownership at a discounted price.

You can purchase shares twice a year through payroll deductions. For more information on how and when you can purchase shares, please view the most recent ESPP Plan Summary. The chart below summarized ESPP purchase details over the past five years.

PLAN PERIOD PURCHASE PERIOD COMPLETION DISCOUNTED PURCHASE PLAN PURCHASE PRICE DATE*
Jan. 2017 – June 2017 06/30/2017 $7.6245 06/30/2017
July 2016 – Dec. 2016 12/31/2016 $8.4915 12/30/2016
Jan. 2016 – June 2016 06/30/2016 $9.0695 01/04/2016
July 2015 – Dec. 2015 12/31/2015 $9.1630 12/31/2015
Jan. 2015 – June 2015 06/30/2015 $15.3765 01/02/2015
July 2014 – Dec. 2014 12/31/2014 $15.6825 12/31/2014
Jan. 2014 – June 2014 6/30/2014 $16.8385 6/30/2014
July 2013 – Dec. 2013 12/31/2013 $15.0790 7/1/2013
Jan. 2013 – June 2013 6/30/2013 $15.2235 6/28/2013
July 2012 – Dec. 2012 12/31/2012 $16.6090 12/31/2012
Jan. 2012 – June 2012 6/30/2012 $16.3710 1/3/2012

*The “Purchase Price” per Share will be at a 15% discount from the lower of the “Market Value” at the beginning of the Offering Period, or the “Market Value” at the end of the Offering Period. Market Value means the closing price for a Share on the New York Stock Exchange for the applicable day, or if unavailable, the average of the closing bid and asked prices per Share at the end of regular trading on such date.