Stock Purchase Plan


The Sana Employee Stock Purchase Plan (ESPP) provides eligible employees an opportunity to purchase shares of Sana stock at a minimum 15% discount. You must be employed on or before the beginning date of each current Offering Period and work a minimum of 20 hours per week.  The enrollment windows for future Offering Periods will typically occur in late-October and late-April each year.

Program Highlights

  • ESPP contributions are made via post-tax payroll deductions (1%-15%), and common stock is then purchased for you on the purchase date at a minimum 15% discount using the money accumulated from your contributions.
  • The plan Offering Period is up to 24 months, with Purchase Periods every 6 months (typically in November and May of each year).
  • Contributions are made via payroll deductions during the Offering Period and allow you to contribute 1%-15%of your pay by electing a percentage or dollar amount to be deducted.
  • You may choose to decrease contributions once during an Offering Period (no increases are permitted).
  • You may also “opt-out” or stop contributions during an Offering Period.

 

To learn more about the program and to ask questions, attend one of our monthly Equity Basics session!  Search, “Equity Basics Training” on Sana Connect to find upcoming scheduled trainings.  Access Sana Connect from the tile on the Okta homepage.  All other questions can be sent to totalrewards@sana.com