Home > Insider Trading > Filing (0001562180-22-002369)

Filing Details

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
Class A Common	Acquisiton	2022-03-03	1,059	$191.10	5,743	No	4	M	Direct
Class A Common	Acquisiton	2022-03-03	4,484	$192.26	10,227	No	4	M	Direct
Class A Common	Disposition	2022-03-03	3,839	$393.71	6,388	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
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	2022-03-03	1,059	$191.10	2,116	$191.10
Class A Common	2-23-2016 Stock Option	Disposition	2022-03-03	5,543	$192.26	22,418	$192.26

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2020-03-01	2027-12-31	No	4	M	Direct
4,484	2026-02-23	2029-02-28	No	4	M	Direct

Footnotes

The shares reported include 2,765 shares of restricted stock subject to vesting conditions.
On the Transaction Date, the Reporting Person exercised option shares and sold a certain number of those exercised shares to cover the tax liability flowing from those exercises, and held the remaining shares.
The Performance-Based Stock Option was granted pursuant to the Issuer's Restated Employee Equity Incentive Plan ("EEIP") on January 1, 2018. The extent to which the options were exercisable was dependent upon the Company achieving certain compounded annual growth 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.
The Service-Based Stock Option was granted pursuant to the Issuer's EEIP on February 23, 2016. The option is scheduled to vest in five equal installments on February 23 in each of the years 2019-2023, provided that the Reporting Person remains employed by the Company on the applicable vesting dates.