Buy Fortis common shares through payroll deductions, with a 10% company top-up.
The Fortis Inc. ESPP lets eligible employees voluntarily purchase Fortis common shares through payroll deductions.
If you choose to participate in the plan, the company will add a 10% “top up” (company match), which will go toward the purchase of Fortis, Inc. common shares on the investment date. In addition, you will receive a 10% top up on earned dividends, which will be reinvested into additional common shares.
Before investing, consider speaking with a financial or tax advisor. For complete plan details, investment pricing, tax information, account access, and program rules, see the Fortis ESPP Prospectus.
All first-time or returning participants must submit a new flexible payment in Workday.
Start by reviewing and completing the ESPP Enrollment Form.
Navigate to Workday and, in the search bar, type Request Flexible Payment and Deduction Options. Click the hyperlink task.
The Request Flexible Payment and Deduction Options pop-up window displays. The only option in the dropdown will indicate the quarter in which you are enrolling. Select that option.
Input the target amount you wish to purchase for common shares of Fortis Inc. The amount cannot be less than 1% or more than 10% of your annual salary.
If you are taking a loan for the purchase, enter the number of installments (paychecks) you agree to repay the loan without interest through payroll deductions. This amount cannot exceed 26. If you are purchasing by check, enter “1” installment and note in the comment section that you are paying by check — the request will not be approved in Workday until the Compensation Team receives the physical check.
Click to acknowledge your purchase request and click Submit.
You will receive a task in Workday to download the ESPP enrollment form. Complete the form and upload it to the request. You no longer need to submit the form by email.
Then click Submit.
For detailed instructions, refer to the ESPP Enrollment Process Employees-Workday User Guide.
Choose one of the following payment methods:
Compensation & Benefits
ComputersharePlan Administrator
For complete plan details, investment pricing, tax information, account access, and program rules, refer to the Fortis ESPP Prospectus.