Form 4 for SAM BOSTON BEER CO INC
Accepted 2022-03-02 00:00:00 ET · period of report 2022-03-01 · accession 0001562180-22-002115 · 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 | Grinnell David L. | VP of Brewing | F - Tax | $0.00 | -75 | 1,611 | -4% | $0 |
| DM | 2022-03-02 | 2022-03-01 | SAM | Grinnell David L. | VP of Brewing | A - Grant | $0.00 | +694 | 1,089 | +176% | $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 | F | D | 75 | $0.00 | 1,611 | D | — | — | (F2) The shares reported include 848 shares of restricted stock subject to vesting conditions. |
| 2 | Derivative | March 1, 2019 Stock Option | 2022-03-01 | A | A | 331 | $0.00 | 792 | D | $312.56 · 2021-03-01 to 2029-02-28 | 992 Class A Common | (F3) The Performance-Based Stock Options were granted pursuant to the Issuer's EEIP on March 1, 2019. 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. In February 2021, 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 2021-2023, 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, 2020 Stock Option | 2022-03-01 | A | A | 363 | $0.00 | 1,089 | D | $370.79 · 2022-03-01 to 2030-02-28 | 1,089 Class A Common | (F4) 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. |