Swanson Cynthia 4
4 · BOSTON BEER CO INC · Filed Jul 5, 2023
Insider Transaction Report
Form 4
Swanson Cynthia
Director
Transactions
- Award
Class A Common
2023-07-03+422→ 422 total - Award
July 3, 2023 Stock Option
2023-07-03+856→ 856 totalExercise: $308.44From: 2023-07-03Exp: 2033-07-02→ Class A Common (856 underlying)
Footnotes (3)
- [F1]On July 3, 2023, the Issuer granted 422 RSUs to the Reporting Person under the Issuer's Equity Plan for Non-Employee Directors. The shares will vest in full on July 1, 2024, provided that the Reporting Person remains a member of the Board of Directors as of that date.
- [F2]The shares reported consist of 422 shares of restricted stock subject to vesting conditions.
- [F3]On July 3, 2023, the Issuer granted 856 option shares to the Reporting Person under the Issuer's Equity Plan for Non-Employee Directors. The option shares are immediately exercisable, subject to the Company's Director Stock Ownership and Retention Guidelines.