Your First Grant
Bean Stock is granted in the form of Restricted Stock Units or RSUs.
Bean Stock is granted in the form of Restricted Stock Units or RSUs.
When we talk about value, we’re referring to the economic value, which is an estimate of what your Bean Stock is worth at grant. The economic value of your grant is based on job for retail partners and annualized salary for non-retail partners as of the last day of Starbucks fiscal year.
To calculate the number of Bean Stock RSUs, take the economic value of your grant and divide it by the closing price of Starbucks stock on the grant date.
Grant Calculation Example:
This example is for illustrative purposes only.Let’s say that the economic value of your Bean Stock RSUs is $500 and the closing price of Starbucks stock on the grant date is $52.
$500 ÷ $52 = 9.6* RSUs
*All RSUs granted will be rounded up to the nearest share
Your Bean Stock grant would be 10 RSUs.
When you receive your first Bean Stock grant, you are automatically set-up with a Fidelity account and will need to go to Fidelity NetBenefits to: