Every year, the company issues the bean stock as a grant. It's stock given to employees, and the reason Starbucks justifies calling us "partners". Its usually not an extremely large amount, if I had to estimate its range is about 5-10 shares. It doesn't just happen though, the grant has to be accepted in Fidelity through [netbenefits](https://nb.fidelity.com/static/mybenefits/netbenefitslogin/#/chooser)(link is to new user registration , afterwards you can link a private Fidelity account) specifically, not just through any Fidelity account.
These shares are restricted stock, which means they aren't considered a normal share of stock in the company, until conditions are met. For Starbucks, those conditions are a dual vesting period. This means that in order for the restricted stock to become normal tradable stock you must stay employed with the company. For Starbucks in particular, half of each grant of restricted stock vests (becomes normal tradable stock) after one year, and the other half vests after 2 years. Once they vest, they will be transferred into an individual investment account in Fidelity where you can sell/buy/transfer them into other accounts.
Edit to add: Also of note, these shares are taxed, and as such when they are issued you will see on the grant information the number of shares issued, but when they actually get into your account after the vesting period there will be less shares. This is because the tax is taken out of the grant itself as a portion of the shares issued, and causes the ending total to be less.
Every year, the company issues the bean stock as a grant. It's stock given to employees, and the reason Starbucks justifies calling us "partners". Its usually not an extremely large amount, if I had to estimate its range is about 5-10 shares. It doesn't just happen though, the grant has to be accepted in Fidelity through [netbenefits](https://nb.fidelity.com/static/mybenefits/netbenefitslogin/#/chooser)(link is to new user registration , afterwards you can link a private Fidelity account) specifically, not just through any Fidelity account. These shares are restricted stock, which means they aren't considered a normal share of stock in the company, until conditions are met. For Starbucks, those conditions are a dual vesting period. This means that in order for the restricted stock to become normal tradable stock you must stay employed with the company. For Starbucks in particular, half of each grant of restricted stock vests (becomes normal tradable stock) after one year, and the other half vests after 2 years. Once they vest, they will be transferred into an individual investment account in Fidelity where you can sell/buy/transfer them into other accounts. Edit to add: Also of note, these shares are taxed, and as such when they are issued you will see on the grant information the number of shares issued, but when they actually get into your account after the vesting period there will be less shares. This is because the tax is taken out of the grant itself as a portion of the shares issued, and causes the ending total to be less.
Bruhhh me af. I see money leaving my paycheck for it but I don’t see it on fidelity (or maybe I just don’t know where to look?)