Filing Details
- Accession Number:
- 0001562180-21-007548
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-12-08 09:13:45
- Reporting Period:
- 2021-12-07
- Accepted Time:
- 2021-12-08 09:13:45
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 949870 | Boston Beer Co Inc | SAM | Malt Beverages (2082) | 043284048 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1665031 | B Quincy Troupe | C/O The Boston Beer Company 1 Design Center Place, Suite 850 Boston MA 02210 | Senior Vp, Supply Chain | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common | Acquisiton | 2021-12-07 | 353 | $191.10 | 5,999 | No | 4 | M | Direct | |
| Class A Common | Acquisiton | 2021-12-07 | 119 | $312.56 | 6,118 | No | 4 | M | Direct | |
| Class A Common | Disposition | 2021-12-07 | 843 | $500.00 | 5,275 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common | 1-1-18 Stock Option | Disposition | 2021-12-07 | 353 | $0.00 | 2,116 | $191.10 |
| Class A Common | 3-1-19 Stock Option | Disposition | 2021-12-07 | 119 | $0.00 | 1,430 | $312.56 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 705 | 2020-03-01 | 2027-12-31 | No | 4 | M | Direct |
| 238 | 2021-03-01 | 2029-02-28 | No | 4 | M | Direct |
Footnotes
- The transactions reported in this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 6, 2021, which was modified on November 8, 2021.
- The shares reported include 3,362 shares of restricted stock subject to vesting conditions.
- The Performance-Based Stock Options were granted pursuant to the Issuer's Restated Employee Equity Incentive Plan ("EEIP"). The extent to which the options were exercisable was dependent upon the Company achieving certain compounded annualgrowth rate targets based on net revenue growth in Fiscal Year 2019 over Fiscal Year 2017. The determination that these options vested was made by the Compensation Committee in February 2020. Thereafter the options become exercisable in three equal installments on March 1, 2020; January 1, 2021; and January 1, 2022, provided that the Reporting Person remains employed by the Issuer on the applicable vesting dates.
- The Performance-Based Stock Options were granted pursuant to the Issuer's EEIP. The extent to which the options were exercisable was dependent upon the Company achieving certain compounded annualgrowth rate targets based on net revenue growth in Fiscal Year 2020 over Fiscal Year 2018. The determination that these options vested was made by the Compensation Committee in February 2021. Thereafter the options become exercisable in three equal installments on March 1 in the years 2021 to 2023, provided that the Reporting Person remains employed by the Issuer on the applicable vesting dates.
Billionaire Hedge Funds
