4//SEC Filing
Troupe Quincy B 4
Accession 0001562180-22-002369
CIK 0000949870other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:07 PM ET
Size
13.5 KB
Accession
0001562180-22-002369
Insider Transaction Report
Form 4
Troupe Quincy B
Senior VP, Supply Chain
Transactions
- Exercise/Conversion
Class A Common
2022-03-03$191.10/sh+1,059$202,375→ 5,743 total - Exercise/Conversion
Class A Common
2022-03-03$192.26/sh+4,484$862,094→ 10,227 total - Sale
Class A Common
2022-03-03$393.71/sh−3,839$1,511,453→ 6,388 total - Exercise/Conversion
1-1-18 Stock Option
2022-03-03$191.10/sh−1,059$202,375→ 0 totalExercise: $191.10From: 2020-03-01Exp: 2027-12-31→ Class A Common (2,116 underlying) - Exercise/Conversion
2-23-2016 Stock Option
2022-03-03$192.26/sh−5,543$1,065,697→ 4,484 totalExercise: $192.26From: 2026-02-23Exp: 2029-02-28→ Class A Common (22,418 underlying)
Footnotes (4)
- [F1]The shares reported include 2,765 shares of restricted stock subject to vesting conditions.
- [F2]On the Transaction Date, the Reporting Person exercised option shares and sold a certain number of those exercised shares to cover the tax liability flowing from those exercises, and held the remaining shares.
- [F3]The Performance-Based Stock Option was granted pursuant to the Issuer's Restated Employee Equity Incentive Plan ("EEIP") on January 1, 2018. 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.
- [F4]The Service-Based Stock Option was granted pursuant to the Issuer's EEIP on February 23, 2016. The option is scheduled to vest in five equal installments on February 23 in each of the years 2019-2023, provided that the Reporting Person remains employed by the Company 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
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 4:07 PM ET
- Size
- 13.5 KB