Grinnell David L. 4
4 · BOSTON BEER CO INC · Filed Dec 9, 2021
Insider Transaction Report
Form 4
Grinnell David L.
Vice President of Brewing
Transactions
- Sale
Class A Common
2021-12-08$489.02/sh−467$228,372→ 3,284 total - Sale
Class A Common
2021-12-08$491.41/sh−350$171,994→ 2,605 total - Sale
Class A Common
2021-12-08$492.30/sh−220$108,306→ 2,385 total - Sale
Class A Common
2021-12-08$494.69/sh−533$263,670→ 1,851 total - Sale
Class A Common
2021-12-08$495.79/sh−100$49,579→ 1,751 total - Exercise/Conversion
Class A Common
2021-12-08$169.85/sh+1,500$254,775→ 3,251 total - Exercise/Conversion
Class A Common
2021-12-08$191.10/sh+300$57,330→ 3,551 total - Exercise/Conversion
Class A Common
2021-12-08$312.56/sh+200$62,512→ 3,751 total - Sale
Class A Common
2021-12-08$490.09/sh−329$161,240→ 2,955 total - Sale
Class A Common
2021-12-08$493.00/sh−1$493→ 2,384 total - Exercise/Conversion
1-1-2017 Stock Option
2021-12-08−1,500→ 126 totalExercise: $169.85From: 2020-03-01Exp: 2026-12-31→ Class A Common (2,440 underlying) - Exercise/Conversion
3-1-2019 Stock Option
2021-12-08$312.56/sh−200$62,512→ 130 totalExercise: $312.56From: 2021-03-01Exp: 2029-02-28→ Class A Common (992 underlying) - Exercise/Conversion
1-1-2018 Stock Option
2021-12-08$191.10/sh−300$57,330→ 707 totalExercise: $191.10From: 2020-03-01Exp: 2027-12-31→ Class A Common (1,511 underlying)
Footnotes (10)
- [F1]The transactions reported in this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 8, 2021.
- [F10]The option vests in three annual installments: the first on March 1, 2021, and the final vesting on March 1, 2023, provided that the Reporting Person remains employed by the Issuer on the applicable vesting dates.
- [F2]The shares reported include 1,045 shares of restricted stock subject to vesting conditions.
- [F3]The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 467 shares is from $489.00 to $489.50. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC, the Registrant, or a shareholder of the Registrant.
- [F4]The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 329 shares is from $490.00 to $490.20. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC, the Registrant, or a shareholder of the Registrant.
- [F5]The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 350 shares is from $491.00 to $491.87. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC, the Registrant, or a shareholder of the Registrant.
- [F6]The shares reported include 1,325 shares of restricted stock subject to vesting conditions.
- [F7]The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 220 shares is from $492.00 to $492.41. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC, the Registrant, or a shareholder of the Registrant.
- [F8]The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 533 shares is from $494.65 to $495.26. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC, the Registrant, or a shareholder of the Registrant.
- [F9]The option vests in three annual installments: the first on March 1, 2020, and the final vesting on January 1, 2022, provided that the Reporting Person remains employed by the Issuer on the applicable vesting dates.