For what it's worth to those planning on preordering from Verizon. Below is the tail end of my chat with a Verizon rep (who was actually very good about helping me with my previous question, so I have not reason not to trust him here).
Wes: Perfect. That's what I needed to know. Also, do you know exactly what time the preorders will be available on your webiste? I know it says the 14th....but I'm assuming that's 12:01am PST (like on apple.com) Is that correct?
Morris: Preorders will begin at 4:00am cst.