4//SEC Filing
Troupe Quincy B 4
Accession 0001562180-22-000359
CIK 0000949870other
Filed
Jan 9, 7:00 PM ET
Accepted
Jan 10, 8:17 AM ET
Size
14.0 KB
Accession
0001562180-22-000359
Insider Transaction Report
Form 4
Troupe Quincy B
Senior VP, Supply Chain
Transactions
- Exercise/Conversion
Class A Common
2022-01-07$312.56/sh+119$37,195→ 5,661 total - Exercise/Conversion
1-1-18 Stock Option
2022-01-07−352→ 353 totalExercise: $191.10From: 2020-03-01Exp: 2027-12-31→ Class A Common (2,116 underlying) - Exercise/Conversion
Class A Common
2022-01-07$191.10/sh+352$67,267→ 5,542 total - Exercise/Conversion
3-1-19 Stock Option
2022-01-07−119→ 119 totalExercise: $312.56From: 2021-03-01Exp: 2029-02-28→ Class A Common (1,430 underlying) - Sale
Class A Common
2022-01-07$500.00/sh−842$421,000→ 4,819 total
Footnotes (4)
- [F1]The transactions reported in this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 6, 2021, which was modified on November 8, 2021.
- [F2]The shares reported include 3,153 shares of restricted stock subject to vesting conditions.
- [F3]The Performance-Based Stock Options were granted pursuant to the Issuer's Restated Employee Equity Incentive Plan ("EEIP"). The extent to which the options were exercisable was dependent upon the Company achieving certain compounded annual growth rate targets based on net revenue growth in Fiscal Year 2019 over Fiscal Year 2017. The determination that these options vested was made by the Compensation Committee in February 2020. Thereafter the options become exercisable in three equal installments on March 1, 2020; January 1, 2021; and January 1, 2022, provided that the Reporting Person remains employed by the Issuer on the applicable vesting dates.
- [F4]The Performance-Based Stock Options were granted pursuant to the Issuer's EEIP. The extent to which the options were exercisable was dependent upon the Company achieving certain compounded annual growth rate targets based on net revenue growth in Fiscal Year 2020 over Fiscal Year 2018. The determination that these options vested was made by the Compensation Committee in February 2021. Thereafter the options become exercisable in three equal installments on March 1 in the years 2021 to 2023, provided that the Reporting Person remains employed by the Issuer on the applicable vesting dates.
Documents
Issuer
BOSTON BEER CO INC
CIK 0000949870
Entity typeother
Related Parties
1- filerCIK 0001665031
Filing Metadata
- Form type
- 4
- Filed
- Jan 9, 7:00 PM ET
- Accepted
- Jan 10, 8:17 AM ET
- Size
- 14.0 KB