423 Employee Stock Purchase

[UteChief]

This is from Fidelity. I’m not quite sure what the grant date would be.


Q. When may I sell my stock in an ESPP?
A. Employees can generally sell shares purchased through the employee stock purchase plan at any time. However, if the shares were purchased under a Section 423 plan, the tax consequences will be different depending on how long you have held the shares. To get a favorable tax treatment, you have to hold the shares purchased under a Section 423 plan at least one year after the purchase date, and two years after the grant date.