Form 4 for SAM BOSTON BEER CO INC
Accepted 2024-04-02 00:00:00 ET · period of report 2024-04-01 · accession 0001562180-24-003129 · 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 | 2024-04-02 | 2024-04-01 | SAM | Spillane Michael | Pres, CEO, Dir | A - Grant | $304.42 | +6,570 | 6,774 | +3,221% | +$2.00M |
| D | 2024-04-02 | 2024-04-01 | SAM | Spillane Michael | Pres, CEO, Dir | M - OptEx | $0.00 | +21.2K | 21.2K | 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 | 2024-04-01 | A | A | 6,570 | $304.42 | 6,774 | D | — | — | (F2) The shares reported include 6,774 shares of restricted stock subject to vesting conditions. |
| 2 | Derivative | April 1, 2024 Stock Option | 2024-04-01 | M | A | 21,205 | $0.00 | 21,205 | D | $304.42 · 2026-04-01 to 2034-05-16 | 21,205 Class A Common | (F3) On April 1, 2024, the Issuer granted the Reporting Person time-based non-qualified options. 50% of the option shares will vest on April 1, 2026, 25% on April 1, 2027, and 25% on April 21, 2028, contingent on the Reporting Person's continued employment by the Issuer on the applicable vesting dates, and subject to accelerated vesting in certain situations. |