Employee Stock Purchase Plan
Employee Stock Purchase Plan
• Benefits of ESPP
- Ability to purchase ACCL stock at discounted rate
- Increased “stake” in future success of ACCL
- Convenient payroll deductions
• Eligibility Criteria
- Must be an employee prior to the Purchasing Period start date
(date of hire must be no later than 5/31/13)
Employee Stock Purchase Plan
Plan Mechanics
Salary deferrals over two 6 month Purchase Periods
comprising one 12 month Offering Period
New Offering Period: June 1 through May 31
Purchase Periods: June 1 to November 30 and
December 1 to May 31
Purchase Price of Stock
- 85% of the lower of the market price close on either the first day
or last day of the 1st Purchase Period within a given Offering
Period for the 1st Purchase Period within a 12 month Offering
Period
- 85% of the lower of the market price close at either the first day
of the 1st Purchase Period or last day of the 2nd Purchase Period
in an Offering Period for the 2nd Purchase Period within a 12
month Offering Period
Employee Stock Purchase Plan
Purchase Price Example:
Market Price Close
$5.00
12 Mo. Offering Period
June 1
1st Purchase Period
2nd Purchase Period
$6.00
$6.25
to
$7.50
May 31
June 1 to Nov 30
Initial price as of 1st day of Offering Period
Dec 1 to
May 31
1st Purchase Period Purchase Price Per Share: $5.00 – 15% = $4.25
2nd Purchase Period Purchase Price Per Share: $5.00 – 15% = $4.25
Employee Stock Purchase Plan
Plan Mechanics (cont.)
• Maximum % Salary Deferral & Maximum # of Shares Purchasable
1 - 10% of Salary per Purchase Period
1,000 Shares per Purchase Period
• International Conversion Rates
At the close of a Purchase Period, non-U$D contributions will be
converted to U$D for the purpose of purchasing shares of ACCL stock
at the prevailing market exchange rate as of that day
• Enrollment Requirements
- Enrollment is “evergreen” and continues into future periods
- Enrollment forms required for new enrollments and to re-enroll
following cancellation of prior plan participation
Employee Stock Purchase Plan
Plan Mechanics (cont.)
Issuance of Shares from Purchase
- Shares will be issued in street name and delivered directly to your
E*Trade account
• Recordkeeping
- At least annually, you will receive a statement from Accelrys
itemizing your deferral(s), number of shares purchased, and the
respective purchase price(s)
-Retain these summaries for your records and for future tax basis
purposes
In accordance with IRS regulations, annually Accelrys will send out
a form to all employees requesting that you report the sale of any
ESPP stock
-
Employee Stock Purchase Plan
Enrollment Process
• All eligible employees may elect to enroll in the ESPP for the new
Offering Period by completing online enrollment via E*Trade :
www.etrade.com/enroll
• Current Accelrys E*Trade accountholders can use the LOG ON
feature to make their plan election.
• U.S. employees without an Accelrys E*Trade account can enter the
ACCL stock symbol and their social security number to enroll.
• Non-U.S. employees without existing Accelrys E*Trade accounts
can enter the ACCL stock symbol and their Account ID. Account
ID’s can be obtained from Jamie Moxley or your local HR
representative.
Employee Stock Purchase Plan
Enrollment (cont.)
• If you are currently enrolled and would like to continue participation
with no change to your contribution percentage in the upcoming
Offering Period, your participation will continue and there is no action
required.
• If you are currently enrolled but would like to change your
contribution percentage for the upcoming period, please complete the
online enrollment on or before May 31st.
Due Date: May 31, 2013