I'll double check the handbook I was sent, but the only language I found so far regarding blocking the sale of ESPP was what I posted above, which sounded vague. Thanks!

So essentially does this mean that I can usually sell right away, but during some periods when I have internal information before an earnings report or something I cannot sell the ESPP and be required to hold it?

Great thanks, and should I be concerned about this in the booklet?

The Company also may require that such Shares be retained with such broker, trustee or agent for a designated period of time and/or may establish other procedures to permit tracking of disqualifying dispositions or other dispositions of Shares.

Is this typical and would it mean that I have to wait some arbitrary amount of time before I am permitted to sell?

I see, thanks for letting me know. the ESPP booklet says this, I'm assuming this is what you were referring to as the 1-2 week period?

As soon as reasonably practicable after each exercise date, the Company will arrange the delivery of the purchased Shares to you in a form determined by the Administrator in its sole discretion. The Company also may require that such Shares be retained with such broker, trustee or agent for a designated period of time and/or may establish other procedures to permit tracking of disqualifying dispositions or other dispositions of Shares.

Great thank you for the answers. I assume the risk of the company stock dropping >15% during that administrative delay is very low then? Thank you!