The statement below is from the company that I work for (no joke). Please read:
An important addendum to your Savings Plan SPD and prospectus is now available on Employee Self Service. This addendum provides additional information about two recently announced changes to the Savings Plan: expanded ESOP diversification rights and conversion of ESOP stock from preferred to common stock. This addendum is an important part of your SPD. Please take a moment to review it…
What the fudge does it mean? Here are my questions:
- What is a SPD?
- What is a prospectus?
- What is ESOP ?
- What is preferred stock vs common?
Please comment!
Boneshakerbike 
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