HALL ROBERT H 4
4 · BOSTON BEER CO INC · Filed Jan 3, 2007
Insider Transaction Report
Form 4
HALL ROBERT H
V.P. of Brand Development
Transactions
- Award
Stock Option (Right to Buy)
2007-01-01$35.98/sh+14,000$503,720→ 14,000 totalExercise: $35.98→ Class A Common (14,000 underlying)
Footnotes (1)
- [F1]Reporting Person's right to exercise this option is contingent upon the Company's 2007 performance against a benchmark, which performance will be determined by the Company's Board of Directors on or before March 1, 2008. 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 2,800 shares on each March 1, 2008 and January 1 in each of the years 2009, 2010, 2011 and 2012, so long as the Reporting Person continues to be employed by the Company on the applicable vesting date.