Filing Details

Accession Number:
0001562180-22-000359
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-01-10 08:17:31
Reporting Period:
2022-01-07
Accepted Time:
2022-01-10 08:17:31
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 2022-01-07 352 $191.10 5,542 No 4 M Direct
Class A Common Acquisiton 2022-01-07 119 $312.56 5,661 No 4 M Direct
Class A Common Disposition 2022-01-07 842 $500.00 4,819 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 2022-01-07 352 $0.00 2,116 $191.10
Class A Common 3-1-19 Stock Option Disposition 2022-01-07 119 $0.00 1,430 $312.56
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
353 2020-03-01 2027-12-31 No 4 M Direct
119 2021-03-01 2029-02-28 No 4 M Direct
Footnotes
  1. 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.
  2. The shares reported include 3,153 shares of restricted stock subject to vesting conditions.
  3. 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.
  4. 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.