Form 4 for SAM BOSTON BEER CO INC
Accepted 2023-03-02 00:00:00 ET · period of report 2023-03-01 · accession 0001562180-23-002110 · 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 | 2023-03-02 | 2023-03-01 | SAM | HEATH TARA L. | CLO | F - Tax | $323.80 | -144 | 2,425 | -6% | -$46.6K |
| D | 2023-03-02 | 2023-03-01 | SAM | HEATH TARA L. | CLO | A - Grant | $0.00 | +541 | 2,966 | +22% | $0 |
| D | 2023-03-02 | 2023-03-01 | SAM | HEATH TARA L. | CLO | A - Grant | $0.00 | +1,080 | 1,080 | 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 | 2023-03-01 | F | D | 144 | $323.80 | 2,425 | D | — | — | (F2) The shares reported include 1,304 shares of restricted stock subject to vesting conditions. |
| 2 | Common | Class A Common | 2023-03-01 | A | A | 541 | $0.00 | 2,966 | D | — | — | (F2) The shares reported include 1,304 shares of restricted stock subject to vesting conditions. |
| 3 | Derivative | March 1, 2023 Stock Option | 2023-03-01 | A | A | 1,080 | $0.00 | 1,080 | D | $323.80 · 2025-03-01 to 2033-02-28 | 1,080 Class A Common | (F4) The Performance-Based Stock Options were granted pursuant to the Issuer's EEIP on March 1, 2023. 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 2024 over Fiscal Year 2022. The Compensation Committee will determine if the performance criteria have been achieved prior to March 1, 2025. If the performance criteria is achieved, the options vest in three equal installments on March 1 in the years 2025-2027, provided that the Reporting Person remains employed by the Company on the applicable vesting dates, and subject to accelerated vesting in certain situations. |