What you need to know
You contribute your hard work to the success of PayPal. Our Employee Stock Purchase Plan (ESPP) lets you reap the benefits of your efforts. With the ESPP, you can buy shares of PayPal stock at a 15% discount through paycheck deductions.
Buy shares of PayPal common stock at a 15% discount! You have two chances every year to participate — April and October. You’ll receive more information as the purchase dates approach.
Key features of the ESPP
The ESPP is open to all employees who work at least 20 hours per week.
By using simple after-tax payroll deductions, you can purchase shares of PayPal stock at a 15% discount. Decide how much you’d like to contribute — anywhere from 2% to 10% of your eligible pay.
Shares are purchased twice a year on April 30 and October 31 for at least 15% less than what the stock is trading for on the date of purchase.
When the purchase period ends, shares are purchased for you and are deposited into your E*TRADE employee stock plan account. You can then decide whether to hold or sell the shares.