Form 4 for SAM BOSTON BEER CO INC
Accepted 2022-03-02 00:00:00 ET · period of report 2022-03-01 · accession 0001562180-22-002106 · 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 | 2022-03-02 | 2022-03-01 | SAM | Lysyj Lesya | CMO | A - Grant | $0.00 | +658 | 5,230 | +14% | $0 |
| DM | 2022-03-02 | 2022-03-01 | SAM | Lysyj Lesya | CMO | A - Grant | $0.00 | +1,971 | 1,415 | New | $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 | 2022-03-01 | A | A | 658 | $0.00 | 5,230 | D | — | — | (F2) The shares reported include 4,193 shares of restricted stock subject to vesting conditions. The Reporting Person had a total of 219 RSUs vest on March 1, 2022. |
| 2 | Derivative | March 1, 2020 Stock Option | 2022-03-01 | A | A | 556 | $0.00 | 1,669 | D | $370.79 · 2022-03-01 to 2030-02-28 | 1,669 Class A Common | (F3) The Performance-Based Stock Options were granted pursuant to the Issuer's EEIP on March 1, 2020. 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 2021 over Fiscal Year 2019. In February 2022, the Compensation Committee determined that the performance criteria had been achieved, and as such the options vest in three equal installments on March 1 in the years 2022-2024, provided that the Reporting Person remains employed by the Company on the applicable vesting dates, and subject to accelerated vesting in certain situations. |
| 3 | Derivative | March 1, 2022 Stock Option | 2022-03-01 | A | A | 1,415 | $0.00 | 1,415 | D | $383.46 · 2024-03-01 to 2032-02-29 | 1,415 Class A Common | (F4) The Performance-Based Stock Options were granted pursuant to the Issuer's EEIP on March 1, 2022. The extent to which the options become exercisable is dependent upon the Company achieving certain compounded annual growth rate targets based on net revenue growth in Fiscal Year 2023 over Fiscal Year 2021. The Compensation Committee will determine if the performance criteria have been achieved prior to March 1, 2024. If the performance criteria is achieved, the options vest in three equal installments on March 1 in the years 2024-2026, provided that the Reporting Person remains employed by the Company on the applicable vesting dates, and subject to accelerated vesting in certain situations. |