SBGI » Topics » Eligibility

This excerpt taken from the SBGI DEF 14A filed Apr 15, 2008.
Eligibility.  All of our employees are eligible to participate in the ESPP, except (1) employees who have not been employed for at least one full year of service or (2) employees who hold more than 5% of our common stock. Employees’ benefits will vary depending upon their election as to level of participation. No non-employee directors are eligible to participate in the ESPP.  As of March 24, 2008, there were approximately 2,100 employees eligible to participate in the ESPP.  The number of shares from this additional pool that will be purchased by executive officers cannot be determined in advance because participation is voluntary.

 

This excerpt taken from the SBGI DEF 14A filed Apr 7, 2006.
Eligibility. All of our employees are eligible to participate in the ESPP, except (1) employees who have not been employed for at least one full year of service and (2) employees who hold more than 5% of our common stock. Employees’ benefits will vary depending upon their election as to level of participation. No non-employee directors are eligible to participate in the ESPP. As of March 23, 2006, there were approximately 2,119 employees eligible to participate in the ESPP. The number of shares from this additional pool that will be purchased by executive officers cannot be determined in advance because participation is voluntary.

 

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