4//SEC Filing
WHITE JEFFREY D 4
Accession 0001140361-07-000248
CIK 0000949870other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:24 PM ET
Size
10.6 KB
Accession
0001140361-07-000248
Insider Transaction Report
Form 4
WHITE JEFFREY D
Chief Operating Officer
Transactions
- Award
Stock Option (Right to Buy)
2007-01-01$35.98/sh+9,000$323,820→ 9,000 totalExercise: $35.98→ Class A Common (9,000 underlying) - Exercise/Conversion
Restricted Stock Purchase
2007-01-01$14.97/sh−140$2,096→ 560 totalExercise: $14.97→ Class A Common (700 underlying) - Exercise/Conversion
Class A Common
2007-01-01$14.97/sh+140$2,096→ 140 total
Footnotes (2)
- [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 1,800 shares on each of 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.
- [F2]Restricted Stock Purchase pursuant to the Investment Share Program under issuer's Employee Equity Incentive Plan, shares vest 20% over 5 years from date of purchase.
Documents
Issuer
BOSTON BEER CO INC
CIK 0000949870
Entity typeother
IncorporatedMA
Related Parties
1- filerCIK 0001206510
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 4:24 PM ET
- Size
- 10.6 KB