WHITE JEFFREY D 4
4 · BOSTON BEER CO INC · Filed Jan 4, 2005
Insider Transaction Report
Form 4
WHITE JEFFREY D
Chief Operating Officer
Transactions
- Award
Stock Option (Right to Buy)
2005-01-01$21.14/sh+13,500$285,390→ 13,500 totalExercise: $21.14→ Class A Common (13,500 underlying)
Footnotes (1)
- [F1]Reporting Person's right to exercise this option is subject to contingent vesting. The option may become exercisable as to a maximum of 2,700 shares on May 31 in each of the years 2006, 2007, 2008, 2009 and 2010. The actual number of shares as to which the option shall become exercisable in any year is dependent upon Company performance against a benchmark determined by the Company's Board of Directors. The option shall lapse as to any shares that do not become vested in a particular year.