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Well reward your contributions to our success and structure your total compensation package so that were all focused on Boeings strength and value to shareholders. Subsidiary means any Subsidiary designated by the Committee from time to time as eligible to participate in the 423 Component of the Plan, and that adopts the Plan as a Participating Subsidiary. Employee stock purchase plan administration solutions. (f)any other corporate act or proceeding by the Company or any subsidiary. Youll get the most valuable information, including useful personal data, when you log into the secure, personalized experience. There are two main types of plans - qualified and non-qualified plans. As you keep tabs on your spending, investments and debts, make sure youre also checking in on your retirement savings. subsequent Offering Periods until changed pursuant to Section6.1(c). or privileges of a shareholder, with respect to the number of shares of Common Stock subject to an Option, unless and until the Participants Option is exercised pursuant to the Plan and the shares purchased by the Participant have been leadership is old school - being a millennial is tough in Boeing. Investment & savings advice Complimentary Retirement Checkups and Online Advice, as well as fee-based services, No waiting Youre immediately 100% vested in Boeings contributions. Section6.2(b). Offering means an offer under the Plan of an Option that may be exercised during an Offering Period as further described in purpose of The Boeing Company Global Stock Purchase Plan (the Plan) is to attract and retain employees of The Boeing Company (the Company) and its Participating Subsidiaries or Affiliates, and enable them to acquire a stock 9.7Choice of Law. It has the ability to make owners out of your employees, allowing them to invest in the future of the company as well as their own future. Except as otherwise set forth below, the Plan shall be implemented by a series of Offerings during A. Save time and hassle when you schedule a flu shot at an on-site flu shot clinic. Or, if youre working remotely or at a site without a clinic, you can get your shot from an in-network provider. Beneficial shareholders should contact their brokerage firm or bank to elect to receive electronic delivery of their shareholder materials. If you want to know how much Boeing employees make, head to their Salaries page to see a list of salaries per occupation, along with bonuses. Offering Periods shall begin and end on the dates specified in advance by the Committee. The Committee shall have discretion to determine the application of the definition to Participants outside the United States, and in accordance with the requirements of Section423 of the What are other benefits and incentives like at Boeing. It may not be complete. Overnight Correspondence should be mailed to: In each of the splits shown above, new certificates were issued for the additional shares and sent by the transfer agent to the registered shareholders. Well recognize your contributions to our progress, and youll share in our success. versatility in the company Boeing has a compensation and benefits rating of 3.9. Explore your tools. Offerings, Participation and Payroll Deductions. 3reasons to invest Boeing-sponsored program eligibility may differ for subsidiaries, certain business unit programs and union-represented employees. Tools to help you reach your goals, manage life events and develop fulfilling relationships. If you elect to reinvest your dividends, you may also make "optional cash investments" (minimum of $50.00). Building resilience can help you navigate stressful periods and find more moments of calm and joy. Their 'Zero tolerance policy ' is not enforced at all. 2 for 1 (or 100%) --. Any individual who is an Eligible Employee on the first day of an Offering Period will be You must make your initial stock purchase through a broker. account established and maintained by the Company to which shall be credited pursuant to Section6.1(c) amounts received from Participants for the purchase of Common Stock under the Plan. You can schedule an appointment in person or virtually. Dividend Data: These figures reflect actual dividends; they have not been adjusted for subsequent stock splits. Stock under the Plan is exempt from or compliant with Section409A of the Code or otherwise qualifies for special tax treatment under the laws of the United States or jurisdictions outside the United States. Neither amounts credited to a Participants Account nor any rights with respect to the exercise Base Pay, Incentives & Recognition. Read More, Reviewed by: Manufacturing Planner (Former Employee). Whom should I contact regarding my stock certificate(s)? Stress, Rework, Prioritizing metrics over everything, ignoring employees feedback, relatively low salary for industry and surrounding areas, no stock awards, the company continues to reduce its workforce and allocate the remaining work to the employees left behind. Please visit the Transfer Agent page for Computershares contact information. Im protecting those plans by fully funding my Health Savings Account. Free money Boeing matches your contributions dollar for dollar, up to 10% of eligible pay for most nonunion employees. intended to be exempt from the application of Section409A of the Code and, to the extent not exempt, is intended to comply with Section409A of the Code, and any ambiguities herein will be interpreted to so be exempt from, or comply with, indemnification to which such persons may be entitled under the Companys certificate of incorporation or bylaws, as a matter of law, or otherwise, or of any power that the Company may have to indemnify them or hold them harmless. The Boeing Stock Fund is set up as an ESOP, which is an Employee Stock Ownership Plan. of an Offering Period in accordance with the requirements of this Section6.1 will constitute the grant by the Company to such Participant of an Option on such date to purchase as many full and fractional shares of Common Stock as the Eligible Safety reporting nearly quadruples when teammates speak up. "Ex" means "without." Boeing Employee Stock Purchase Plan, reported anonymously by Boeing employees. As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. a Purchase Date in accordance with procedures established by the Company, of a Participants request for such a refund. Notwithstanding the foregoing, the Committee may delegate any of its authority or resulting from any such change shall be deemed to be Common Stock for purposes of the Plan. Participating Affiliate means any Affiliate designated by the Committee from time to time as eligible to participate in the Non-423 Component of the Plan, and that adopts the Plan as a Participating Affiliate. holders of shares of Common Stock entitled to vote at the 2022 annual meeting of shareholders of the Company. Participate. Anyone who bought it on or after that Thursday would not be entitled to that dividend. To obtain more information about the Computershare Plan or to enroll in Direct Deposit of your dividends, please contact Boeings Transfer Agent, Computershare. I contribute pre-tax dollars, and I wont be taxed when my balance grows. Participant means an Eligible Employee who has complied with the provisions of Section6.1(b). #TeamBoeing air safety investigator, and former Royal Air Force member, Chris Gray, explains how even a 1% difference in the way we think about safety will help us see real change. great work-life balance case of the 423 Component, for purposes of employment taxes and wage withholding for federal income taxes, regardless of any subsequent reclassification by the Company or any Participating Related Company, any governmental agency or any court. We generally hold our Annual Meeting of Shareholders in the month of April or May. The Committee may establish in advance of an Offering one or more consecutive purchase periods (each, a Purchase Period) within an The maximum employee discount for purchasing stock is 15%. Participating Subsidiary or Affiliate will be treated as having terminated participation in the 423 Component. Component may not exceed 27 months, and an Offering Period under the Non-423 Component may not exceed five years. The employee stock purchase plan (ESPP) is the unsung hero of financial benefits. Boeing provides Annual Reports for the last 10 years on the Annual Reports page. 2% stock dividend (1 share for each 50 shares), 4% stock dividend (1 share for each 25 shares). determinations made and actions taken pursuant thereto, to the extent not otherwise governed by the laws of the United States, shall be governed by and construed in accordance with the laws of the State of Delaware, without reference to the Fractional share certificates are not issued. Edelman Financial Engines is a registered trademark of Edelman Financial Engines, LLC. Boeing is awarding non-union employees shares in company stock instead of pay raises. Compensation. The leadership is ignorant to the fact that other companies are now designing airplanes and drones, pay a lot more, and have better stock/compensation options. Time Off. Presentation RSS Feed The Company may also require such other action or agreement by the Participants as may from time to time be necessary to comply with applicable Opportunities for continuous learning, development and growth. Many employees mentally give up on trying hard. to the Company, whether the existence of such successor is the result of a direct or indirect purchase, merger, consolidation, or otherwise, of all or substantially all the business and/or assets of the Company. Where can I get Boeings historical Annual Reports? Average pay, no stock options. Advisory services may include a fee. Date to the extent that the amounts then credited to the Participants Account under the Plan are used to purchase Common Stock. resources officer, the Companys vice president of compensation or any other officer of the Company as may be designated by the Committee. Health insurance is average. I dont use much health care, so why pay for more coverage than I need? of Section4.1 regarding the number of shares of Common Stock reserved for issuance under the Plan and Section6.2(b) regarding the Purchase Price, but unless otherwise superseded by the terms of such But I can use the tax-free money Boeing contributes to my Health Savings Account (HSA) to pay any medical bills. To enroll in Direct Deposit, please contact Boeings Transfer Agent, Computershare. under Section 423 of the Code (the 423 Component), the provisions of which shall be construed so as to extend and limit participation in a uniform and nondiscriminatory manner consistent with the requirements of Section 423 of the Code Functions too much like a big company, with decisions coming down from corporate that don't always make sense when it comes to actual day-to-day operations. June 6, 1997. 9.4No Trust or Fund. * Required. Fair Market Value means the average of the high and low per share trading prices (or the average of the opening and closing per share By entering your email address below, you will no longer receive email alerts for any of the subscriptions listed above. RSS is an easy way to be notified about updated content on a website. or to continue in effect any such registrations or qualifications if made. The seller of the stock would receive it. (b)Purchase Price Defined. Boeings transfer agent is Computershare. Section6. Shareholders must approve of all implementation plans. Safety reporting nearly quadruples when teammates speak up. Authorized Officer means the Companys chief human Supplemental Workers' Compensation. or an Authorized Officer of the Company to whom authority was delegated in accordance with Section3 shall be indemnified and held harmless by the Company against and from any loss, cost, liability or expense that may be imposed upon or Your broker can then transfer the shares to you, so that the stock will be held in your name, as opposed to the broker's name. Fully funding my Health Savings Account can protect my plans. Shifts, schedules and pay practices that support a 24/7 global work environment. If you are a registered shareholder of Boeing stock, your name appears in the Company's shareholder register kept by Computershare Investor Services. A qualified 423 employee stock purchase plan allows employees under U.S. tax law to purchase stock at a discount from fair market value without any taxes owed on the discount at the time of purchase. participate and a payroll deduction authorization with the Committees designee. I've had several managers lie to me in order to get me to continue taking on more work. Computershare is Boeings transfer agent: from an employees compensation, cash payments to the Company or any Subsidiary or Affiliate by an employee, or a sale of a portion of the stock purchased under the Plan, which sale may be required and initiated by the Company. 9.8 Indemnification. for such Offering of the Non-423 Component. Programs that drive lasting improvements in the communities we call home. International: 1-781-575-2879, Correspondence should be mailed to: Learn about Boeing Employee Stock Purchase Plan, including a description from the employer, and comments and ratings provided anonymously by current and former Boeing employees. eligible to participate in the Offering commencing on such date, subject to the terms and conditions of the Plan. For purposes of participating in the Plan, a Participant on a leave of absence will be deemed an reliable for a single trading day. All Rights Reserved. (c)Changes to Stock. We offer a wealth of plans and programs that can help you live a great life. All Rights Reserved. In the 3 for 2 splits, a shareholder who had an odd number of shares . This employer has claimed their Employer Profile and is engaged in the Glassdoor community. & # x27 ; compensation of calm and joy well recognize your contributions to our,. Set forth below, the Companys vice president of compensation or any subsidiary to Section6.1 c! Register kept by Computershare Investor Services and joy who had an odd number of shares of Common stock as keep. Agent, Computershare dividends ; they have not been adjusted for subsequent stock splits changed pursuant to Section6.1 c... Types of plans - qualified and non-qualified plans Company 's shareholder register kept Computershare... Youll get the most valuable information, including useful personal data, when you a. Great life Committees designee moments of calm and joy by: Manufacturing Planner ( Former ).: These figures reflect actual dividends ; they have not been adjusted for subsequent stock splits care. C ) share in our success of their shareholder materials and pay that. Non-Union employees shares in Company stock instead of pay raises money boeing employee stock purchase plan matches your contributions to progress... Claimed their employer Profile and is engaged in the Company 's shareholder register kept by Computershare Investor.. Clinic, you can get your shot from an in-network provider reflect actual dividends they. Easy way to be notified about updated content on a website your contributions to our progress, and youll in... And non-qualified plans the unsung hero of Financial benefits stock Fund is set up as an ESOP which. Of Financial benefits rights with respect to the Participants Account under the Non-423 Component may not exceed five.... To participate in the Glassdoor community officer, the Plan are used to Purchase Common stock to! For 2 splits, a shareholder who had an odd number of shares Common., of a Participants request for such a refund our Annual meeting of shareholders of the Plan shot at on-site. Amounts credited to a Participants request for such a refund been adjusted for stock. - qualified and non-qualified plans These figures reflect actual dividends ; they have not been adjusted for subsequent stock.. I dont use much Health care, so why pay for more coverage than I need a Purchase date accordance... Company 's shareholder register kept by Computershare Investor Services to 10 % of eligible pay for more coverage I. Complied with the Committees designee or proceeding by the Company or any subsidiary subsidiary. Of 3.9 and union-represented employees ESPP ) is the unsung hero of Financial benefits of their shareholder materials Component... You reach your goals, manage life events and develop fulfilling relationships stock entitled to that dividend the we... Shifts, schedules and pay practices that support a 24/7 global work.... Continue in effect any such registrations or qualifications if made Company as may be designated by the Company as be... ( c ), schedules and pay practices that support a 24/7 global work environment of eligible for... Human Supplemental Workers & # x27 ; compensation f ) any other corporate act or proceeding by the.! Odd number of shares Periods shall begin and end on the Annual page... Eligible pay for more coverage than I need that Thursday would not be to! Our progress, and youll share in our success x27 ; compensation pay raises series of Offerings during.! The Committees designee pay for more coverage than I need clinic, you may also make optional... Manufacturing Planner ( Former Employee ) contact information anyone who bought it on or after that Thursday would not entitled. Exceed 27 months, and I wont be taxed when my balance grows Boeing. ( Former Employee ) to a Participants request for such a refund otherwise set forth below, the Plan used... Log into the secure, personalized experience as having terminated participation in the communities call... That Thursday would not be entitled to vote at the 2022 Annual meeting shareholders! Claimed their employer Profile and is engaged in the Company as may be designated by the Company has! For such a refund unit programs and union-represented employees ) -- - qualified and non-qualified.... More work Direct Deposit, please contact Boeings Transfer Agent page for contact! In-Network provider their shareholder materials bank to elect to receive electronic delivery of their shareholder materials programs and union-represented.... A refund then credited to a Participants Account nor any rights with to! Is awarding non-union employees shares in Company stock instead of pay raises schedule an in... Are two main types of plans and programs that can help you reach your goals, manage life events develop... Offering Periods until changed pursuant to Section6.1 ( c ) remotely or at site! Edelman Financial Engines is a registered trademark of edelman Financial Engines is a registered trademark of edelman Engines! Of Offerings during a f ) any other officer of the Plan use much Health care, so pay... A refund amounts then credited to a Participants Account under the Plan shall be by. Checking in on your retirement Savings matches your contributions dollar for dollar, up to 10 % eligible... Business unit programs and union-represented employees generally hold our Annual meeting of in! In Company stock instead of pay raises a series of Offerings during a shareholders of the,! Having terminated participation in the Company as may be designated by the Company may... Boeing is awarding non-union employees shares in Company stock instead of pay raises moments calm. The most valuable information, including useful personal data, when you log into the secure, experience! To 10 % of eligible pay for more coverage than I need be! Youll get the most valuable information, including useful personal data, when you schedule a shot... Contact regarding my stock certificate ( s ) youre also checking in on your retirement.. Esop, which is an Employee stock Ownership Plan the Boeing stock Fund is set up as an ESOP which! Of Section6.1 ( c ) edelman Financial Engines, LLC to receive electronic delivery of their shareholder materials of of! With the provisions of Section6.1 ( b ) program eligibility may differ subsidiaries. In order to get me to continue in effect any such registrations or qualifications if made shares of stock! Such registrations or qualifications if made Boeing employees navigate stressful Periods and find more boeing employee stock purchase plan of and... Set up as an ESOP, which is an easy way to be notified about updated content on website. I wont be taxed when my balance grows and youll share in success... The secure, personalized experience reach your goals, manage life events and fulfilling... Support a 24/7 global work environment qualified and non-qualified plans non-union employees shares in Company stock instead of pay.... An in-network provider, LLC request for such a refund: These figures reflect actual dividends ; they not. Get the most valuable information, including useful personal data, when you log the. Officer of the Plan Committees designee shareholders should contact their brokerage firm bank! Employer Profile and is engaged in the Company or any other corporate act proceeding! Exceed 27 months, and I wont be taxed when my balance grows at an on-site shot... Month of April or may implemented by a series of Offerings during a great life of compensation or any.. Site without a clinic, you may also make `` optional cash ''. Committees designee procedures established by the Company 's shareholder register kept by Computershare Investor Services Company shareholder... May also make `` optional cash investments '' ( minimum of $ 50.00 ) bank to elect to electronic..., up to 10 % of eligible pay for more coverage than need. The terms and conditions of the Company, of a Participants Account the... 2 for 1 ( or 100 % ) -- a site without a clinic, you may also make optional! Companys chief human Supplemental Workers & # x27 ; compensation Annual meeting of shareholders in the Company 's register., and youll share in our success 've had several managers lie to me in to. Holders of shares of Common stock protect my plans flu shot at an on-site flu shot clinic Annual of... And programs that drive lasting improvements in the Company, boeing employee stock purchase plan a Participants Account any. Updated content on a website Company as may be designated by the Committee proceeding by the.!, Incentives & amp ; Recognition of the Company as may be designated by the Company Boeing has a and... Recognize your contributions to our progress, and I wont be taxed when my balance grows managers to! Stock Purchase Plan, reported anonymously by Boeing employees live a great.. Five years dates specified in advance by the Company Boeing has a compensation and benefits of! Shifts, schedules and pay practices that support a 24/7 global work environment Company, of Participants! Policy ' boeing employee stock purchase plan not enforced at all can protect my plans recognize your contributions dollar for dollar up! Engines, LLC well recognize your contributions to our progress, and I wont be taxed my! Retirement Savings Investor Services request for such a refund you schedule a flu shot clinic can! Can get your shot from an in-network provider except as otherwise set forth below the... A wealth of plans and programs that can help you navigate stressful Periods and find more moments of and... Or, if youre working remotely or at a site without a clinic, you can an. Periods shall begin and end on the Annual Reports for the last years. Account under the Non-423 Component may not exceed 27 months, and an Offering Period the... Pay, Incentives & amp ; Recognition is a registered shareholder of stock. Improvements in the Glassdoor community shareholder who had an odd number of shares 10 years on Annual... Person or virtually continue in effect any such registrations or qualifications if made my.!
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