Table:
| NUMBER OF RSUs/PSUs | 2019 | 2018 |
| --- | --- | --- |
| Outstanding, January 1 | 2,812,697 | 2,740,392 |
| Granted (1) | 975,348 | 1,006,586 |
| Dividends credited | 149,648 | 149,258 |
| Settled | (932,133) | (1,027,321) |
| Forfeited | (90,442) | (56,218) |
| Outstanding, December 31 | 2,915,118 | 2,812,697 |
| Vested, December 31 (2) | 904,266 | 880,903 |
Paragraphs:
RSUs/PSUs
RSUs/PSUs are granted to executives and other eligible employees. The value of an RSU/PSU at the grant date is equal to the value of one BCE common share. Dividends in the form of additional RSUs/PSUs are credited to the participant’s account on each dividend payment date and are equivalent in value to the dividend paid on BCE common shares. Executives and other eligible employees are granted a specific number of RSUs/PSUs for a given performance period based on their position and level of contribution. RSUs/PSUs vest fully after three years of continuous employment from the date of grant and, in certain cases, if performance objectives are met, as determined by the board of directors.
The following table summarizes outstanding RSUs/PSUs at December 31, 2019 and 2018.
(1) The weighted average fair value of the RSUs/PSUs granted was $58 in 2019 and $57 in 2018
(2) The RSUs/PSUs vested on December 31, 2019 were fully settled in February 2020 with BCE common shares and/or DSUs.
Question:
What conditions determine whether executives and other eligible employees are granted RSUs/PSUs?
Answer: position, level of contribution, in certain cases, if performance objectives are met