Once your Bean Stock vests, you receive shares of Starbucks stock (less taxes due) and you become a shareholder (or owner) of the company.
Understand
what happens after vesting, more about how your Fidelity account works and information about holding or selling your Starbucks shares
What's the difference between my Fidelity account and my NetBenefits account?
Both Fidelity.com and NetBenefits.com are part of Fidelity Investments, and you’ll find information on your stock plans under both accounts. Your login and password are the same for both accounts and, once logged in, you can easily switch between your NetBenefits and Fidelity accounts.
NetBenefits.com is where you’ll find information about your Bean Stock grants. You can view the quantity and current value of your unvested RSUs, review associated Plan Documents and accept your grant(s). If you want to participate in the Starbucks Stock Investment Plan (S.I.P.) or Starbucks Future Roast 401(k), you can also enroll and manage those plans here.
Fidelity.com is where you can view and manage the shares that you own (Bean Stock that has vested). You can check the current market value of your shares, sell shares, transfer money from your cash account to your bank account, and enroll in the Dividend Reinvestment Plan.
Where do I find my shares after vesting?
Like discussed in the previous question, NetBenefits.com and Fidelity.com are both part of Fidelity Investments.
NetBenefits.com is where you’ll find information about your Bean Stock grant(s). Once your Bean Stock vests, the shares are deposited to your brokerage account on Fidelity.com. That account is usually labelled as “Individual – TOD”. Your Starbucks shares can be found there and are identified under the symbol SBUX.
What are voting rights and dividends?
Voting rights and dividends are benefits of being a shareholder. To keep up on the latest news for Starbucks shareholders, visit Starbucks Investor Relations.
Voting Rights
As a shareholder, you have the right to vote on important Starbucks issues, such as who serves on the Board of Directors and topics that may be covered at the company’s annual meeting.
Dividends
Dividends are the distribution of the company’s profits to its shareholders. Starbucks Board of Directors determines dividend payments and amounts on a quarterly basis. If you remain a shareholder through each dividend record date, your Fidelity account will automatically be credited with cash dividends. If you prefer to have dividends reinvested, please call a Fidelity representative.
For historical stock information, visit Starbucks dividend and stock split history.
How do I sell my shares (cash out my Bean Stock)?
You can view and manage the shares you own by logging into your Fidelity account.
Please keep in mind that if your Bean Stock hasn’t vested, you do not own any shares of Starbucks stock yet. Once your Bean Stock vests, the resulting shares are deposited to your Fidelity account and then you have the opportunity to hold or sell them.
To sell shares, hover over the Accounts & Trade tab, select Trade, then select your individual account. A trade ticket will appear with prompts to guide you through the transaction.
You may also use this quick start guide: Selling Shares in Your Stock Plan Account.