Overview
As a Vaulter, you have an exciting opportunity to share in our company’s financial future through the ownership of company stock. The Employee Stock Purchase Plan (ESPP) lets you buy shares of Commvault common stock through convenient payroll deductions. You are able to purchase shares at a 15% discount off of the lower of the per share price at the start or the end of a six-month offering period.
Key advantages:
Consider the ways in which the Employee Stock Purchase Plan (ESPP) might help you reach your financial goals, including:
Becoming invested in Commvault
The plan enables you to participate in Commvault ownership by becoming a shareholder.
You are able to purchase shares at a 15% discount off of the lower of the per share price at the start or the end of a six-month offering period.
Saving made easy
The post-tax deductions each pay period mean that you’ll regularly — and very simply — set aside money to invest in Commvault common stock.
Eligibility and Enrollment
You can enroll in the ESPP if you are:
- An employee of the Company or of one of its designated subsidiaries (“Participating Companies,” including Non-U.S. Participating Companies); and
- You are employed on the first day of an Offering Period.
You may choose to enroll in the plan during two Open Enrollment periods: January 1 – January 31, or July 1 – July 31. Once enrolled, you will purchase discounted shares at the end of two offering periods each year: February 15 – August 14, and August 15 through February 14.
When you enroll in the plan, you can elect to contribute from 1% to 10% of your eligible base pay through post-tax payroll deductions throughout the plan year, up to the annual Internal Revenue Service (IRS) limit.
To learn more or enroll, visit ETRADE.