Page 31 - Busey Corporation 2022 Benefits Guide
P. 31
2022 Benefits Guide
Employee Stock Purchase Plan (ESPP)
Through this company-sponsored voluntary “wealth accumulation” beneit, you can elect to contribute
funds to purchase shares of Busey common stock (BUSE), on a quarterly basis, at a discount, through after-
tax payroll deductions. At the end of the quarter, your accumulated funds are used to purchase stock on
your behalf. It’s an afordable, easy, and convenient way for you to share in the growth and success of
our company.
■ The plan has quarterly ofering periods which ■ The purchase price is 85% of the fair market
follow the calendar quarters. value of Busey common stock (BUSE) at the
■ The enrollment periods take place every quarter grant date (beginning of the quarter) or
from the 1st through the 15th of the month the investment date (end of the quarter) –
preceding the start of an ofering period. whichever is lower.
■ You may elect to contribute from 1%–20% of ■ Purchased shares must be held for 21 months.
eligible compensation. Enrollment is done through the Computershare
■ You may change your election or withdraw from employee online website which can be accessed
the plan from the 1st of the irst month of the at www.computershare.com/employee/us.
ofering period through the 15th of the third Associates will need a Global ID and PIN to log in for
month of the ofering period. the irst time. These login credentials are emailed to
■ Contribution elections continue at the same associates within one month after hire.
rate automatically for each new ofering period
unless and until you change your election. For Computershare website questions and Global
ID/PIN assistance, contact Computershare Customer
Service at 866.394.1348.
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Employee Stock Purchase Plan (ESPP)
Through this company-sponsored voluntary “wealth accumulation” beneit, you can elect to contribute
funds to purchase shares of Busey common stock (BUSE), on a quarterly basis, at a discount, through after-
tax payroll deductions. At the end of the quarter, your accumulated funds are used to purchase stock on
your behalf. It’s an afordable, easy, and convenient way for you to share in the growth and success of
our company.
■ The plan has quarterly ofering periods which ■ The purchase price is 85% of the fair market
follow the calendar quarters. value of Busey common stock (BUSE) at the
■ The enrollment periods take place every quarter grant date (beginning of the quarter) or
from the 1st through the 15th of the month the investment date (end of the quarter) –
preceding the start of an ofering period. whichever is lower.
■ You may elect to contribute from 1%–20% of ■ Purchased shares must be held for 21 months.
eligible compensation. Enrollment is done through the Computershare
■ You may change your election or withdraw from employee online website which can be accessed
the plan from the 1st of the irst month of the at www.computershare.com/employee/us.
ofering period through the 15th of the third Associates will need a Global ID and PIN to log in for
month of the ofering period. the irst time. These login credentials are emailed to
■ Contribution elections continue at the same associates within one month after hire.
rate automatically for each new ofering period
unless and until you change your election. For Computershare website questions and Global
ID/PIN assistance, contact Computershare Customer
Service at 866.394.1348.
31
