Grinnell David L. 4
4 · BOSTON BEER CO INC · Filed Aug 2, 2022
Insider Transaction Report
Form 4
Grinnell David L.
Vice President of Brewing
Transactions
- Exercise/Conversion
1-1-2017 Stock Option
2022-08-01−90→ 0 totalExercise: $169.85From: 2020-03-01Exp: 2026-12-31→ Class A Common (2,440 underlying) - Exercise/Conversion
Class A Common
2022-08-01$191.10/sh+335$64,019→ 2,036 total - Exercise/Conversion
1-1-2018 Stock Option
2022-08-01−335→ 0 totalExercise: $191.10From: 2020-03-01Exp: 2027-12-31→ Class A Common (1,511 underlying) - Exercise/Conversion
Class A Common
2022-08-01$169.85/sh+90$15,287→ 1,701 total - Sale
Class A Common
2022-08-01$379.92/sh−425$161,466→ 1,611 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, 2022.
- [F2]The shares reported include 1,045 shares of restricted stock subject to vesting conditions.
- [F3]The 1-1-2017 option vested in three annual installments: the first on March 1, 2020, and the final vesting on January 1, 2022.
- [F4]The 1-1-2018 option vested in three annual installments: the first on March 1, 2020, and the final vesting on January 1, 2022.