Form 4 for SAM BOSTON BEER CO INC
Accepted 2021-12-08 00:00:00 ET · period of report 2021-12-07 · accession 0001562180-21-007548 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-12-08 | 2021-12-07 | SAM | Troupe Quincy B | Senior VP, Supply Chain | S - Sale+OE | $500.00 | -843 | 5,275 | -14% | -$421.5K |
| DM | 2021-12-08 | 2021-12-07 | SAM | Troupe Quincy B | Senior VP, Supply Chain | M - OptEx | $221.72 | +472 | 6,118 | +8% | +$104.7K |
| DM | 2021-12-08 | 2021-12-07 | SAM | Troupe Quincy B | Senior VP, Supply Chain | M - OptEx | $0.00 | -472 | 238 | -66% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common | 2021-12-07 | S | D | 843 | $500.00 | 5,275 | D | — | — | (F2) The shares reported include 3,362 shares of restricted stock subject to vesting conditions. |
| 2 | Common | Class A Common | 2021-12-07 | M | A | 353 | $191.10 | 5,999 | D | — | — | (F2) The shares reported include 3,362 shares of restricted stock subject to vesting conditions. |
| 3 | Common | Class A Common | 2021-12-07 | M | A | 119 | $312.56 | 6,118 | D | — | — | (F2) The shares reported include 3,362 shares of restricted stock subject to vesting conditions. |
| 4 | Derivative | 1-1-18 Stock Option | 2021-12-07 | M | D | 353 | $0.00 | 705 | D | $191.10 · 2020-03-01 to 2027-12-31 | 2,116 Class A Common | (F3) 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 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, provided that the Reporting Person remains employed by the Issuer on the applicable vesting dates. |
| 5 | Derivative | 3-1-19 Stock Option | 2021-12-07 | M | D | 119 | $0.00 | 238 | D | $312.56 · 2021-03-01 to 2029-02-28 | 1,430 Class A Common | (F4) 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 annual growth 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. |