HEATH TARA L. 4
4 · BOSTON BEER CO INC · Filed Mar 2, 2022
Insider Transaction Report
Form 4
HEATH TARA L.
Chief Legal Officer
Transactions
- Tax Payment
Class A Common
2022-03-01$383.46/sh−76$29,143→ 1,823 total - Award
Class A Common
2022-03-01+783→ 2,606 total
Footnotes (3)
- [F1]The Issuer "net withheld" the vesting of a percentage of shares to satisfy the tax obligations of the Reporting Person flowing from the vesting of Restricted Stock Units ("RSUs"). The Reporting Person had a total of 257 RSUs vest on March 1, 2022.
- [F2]The shares reported include 1,320 shares of restricted stock subject to vesting conditions.
- [F3]On March 1, 2022, the Issuer granted 783 RSUs to the Reporting Person under the Issuer's Employee Equity Incentive Plan ("EEIP"). The shares will vest in four equal installments over a four year period, provided that the Reporting Person remains employed by the Issuer on the applicable vesting dates, and subject to accelerated vesting in certain situations.