Starbucks Baristas: The daily grind
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How exactly does Bean Stock work? (self.starbucksbaristas)
submitted by yaboichichi
I've been a partner since August 2020. I accepted my first grant when I qualified to get it, and to my understanding we get a grant every year. I've been here over two years now but I still can only see the one grant I accepted way back when, how do I see if I get more?
Itchy_Cranberry8970 5 points 9m ago
Bean Stock is only granted in November after the fiscal year end. Because you started in August of 2020, you wouldn’t have been eligible until the Nov 2021 grant. The next grant will be in just under 2 months. Half of your first grant will become unrestricted at that time.
$1
$1
Emotional_Laugh_322 3 points 9m ago
I might be wrong, but I believe there’s one or two times a year you have to log into fidelity and accept them, maybe November and April?
yaboichichi [OP] 3 points 9m ago
If you miss one of those periods/don't know about, does it disappear? That seems unfair
Emotional_Laugh_322 3 points 9m ago
I think so, unfortunately. Your store manager should have said something about it and I believe it’s usually in the weekly update when the dates go live.
PercyGabriel1129 2 points 9m ago
Nope, you do not have to accept them. As long as you have you fidelity account set up, everything is automatic. OP probably only has 1 grant because of when they joined the company, which will vest this November. They vest as stocks, and then you can cash out those stocks, and then transfer the from the Fidelity account.
mayor-em 2 points 9m ago
You accept the grant once yearly (nov, i think) once benefit eligible. You may have not been benefit eligible your first november. So you accepted your first grant nov 21 you will get granted half nov 22, and half nov 23. If you leave the company before any granted fully vest they are forfeited.
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