ESPP

ESPP Plan

As an Orthofix Inc. company, BREG employees are eligible to participate in the Orthofix Employee Stock Purchase Plan (ESPP).

BREG employees can elect between 1% - 25% to be deducted, after tax, from their bi-weekly compensation.  The money is deposited in a separate interest-bearing account each pay period throughout the Plan year.

The stock purchase price for non-officers is 85% of the closing market price on July 1 of the current year.  At the end of the Plan year (after June 30) employees have the choice of purchasing Orthofix stock or withdrawing the contributions plus earned interest and taking the money as cash.  Any stock purchased will be issued as non-restricted shares of Orthofix stock. The difference between the purchase price and the stock price at the end of the Plan year may be taxable income.