CompensationMar 22, 2018
Snapchatunclescam

How does NVIDIA ESPP work?

My recruiter said they give 15% discount on lower of the start date and end date. Start and end date are 24 month apart. I am seeing Aug 2016 price is around $60. So, I will be able to buy at $45 in Aug 2018, if I join now? Let's say I have invested 5000 in this 4 months. Then am I looking at approx 100 stocks with profit of around 20-22k for first 6 months? Profit = (245 - 45) * (5000 / 45) Recruiter also mentioned offering period is last 24 months of employment. So, if that's case then my calculation is wrong, because I wasn't employed there at Aug 2016. Any thoughts?

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Apple Elon Musk! Mar 22, 2018

You never get back dated espp. It is only valid after joining. IRS rule

Snapchat unclescam OP Mar 22, 2018

Then, its not lucrative for new comers, considering no annual bonus. I am skeptical about continued stock growth for NVDA.

Quantcast ftyhue Mar 22, 2018

Of course it's not gonna be lucrative for New comers. Will snap make me a millionaire if I make it now? 😂

Nvidia qwerk Mar 22, 2018

Right if you join now your subscription price will the the price on the next buy date, August 2018. And you can only enroll in the program at this point, so your first actual purchasing of shares will be Feb 2019 (here the subscription price will be lower of the August price and the Feb price).

Snapchat unclescam OP Mar 22, 2018

Nvidia doesn't have annual bonus program. But, how about annual stock refresher and salary increase? Can you provide average range for that?

Nvidia nvkoolaid Mar 23, 2018

You get like 50 shares for over 4 years vest period. Pretty terrible. Salary bump is like 3k .