BOSTON BEER CO INC 4

4 · BOSTON BEER CO INC · Filed Jan 3, 2006

Form 4

Period: 2006-01-01

Dir. of Finance & Controller

Transactions

Exercise/Conversion
Class A Common
2006-01-01$7.08/sh+225$1,592→ 225 total
Exercise/Conversion
Class A Common
2006-01-01$8.68/sh+243$2,109→ 468 total
Exercise/Conversion
Class A Common
2006-01-01$11.08/sh+281$3,113→ 749 total
Exercise/Conversion
Class A Common
2006-01-01$12.68/sh+247$3,133→ 996 total
Exercise/Conversion
Restricted Stock Purchase
[F1]
2006-01-01$7.08/sh−225$1,592→ 0 total
Exercise: $7.08→ Class A Common (1,122 underlying)
Exercise/Conversion
Restricted Stock Purchase
[F1]
2006-01-01$8.68/sh−243$2,109→ 488 total
Exercise: $8.68→ Class A Common (1,217 underlying)
Exercise/Conversion
Restricted Stock Purchase
[F1]
2006-01-01$11.08/sh−281$3,113→ 843 total
Exercise: $11.08→ Class A Common (1,404 underlying)
Exercise/Conversion
Restricted Stock Purchase
[F1]
2006-01-01$12.68/sh−247$3,133→ 989 total
Exercise: $12.68→ Class A Common (1,236 underlying)
Award
Restricted Stock Award
[F2]
2006-01-01$24.95/sh+802$20,010→ 802 total
Exercise: $24.95→ Class A Common (802 underlying)
Award
Stock Option (Right to Buy)
[F3]
2006-01-01$24.95/sh+2,000$49,900→ 2,000 total
Exercise: $24.95→ Class A Common (2,000 underlying)

Footnotes (3)

[F1]Restricted Stock Purchase Plan pursuant to the Investment Share Program under the issuer's Employee Equity Incentive Plan, shares vest at 20% over 5 years from date of purchase.
[F2]Restricted Stock Award awarded under the issuer's Employee Equity Incentive Plan, shares vest at 20% over 5 years from date of award.
[F3]Reporting Person's right to exercise this option is contingent upon the Company's 2006 performance against a benchmark, which performance will be determined by the Company's Board of Directors on or before March 1, 2007. If the Company does not meet the benchmark, the Option shall lapse as to 50% or all of the shares, based on the Board's determination. If the benchmark is met or exceeded, the option may become exercisable as to a maximum of 400 shares on each of March 1, 2007 and January 1 in each of the years 2008, 2009, 2010 and 2011, so long as the Reporting Person continues to be employed by the Company on the applicable vesting date.

Signature

Monica M. Martin|2006-01-03

Documents

1 file