Murphy Matthew Donal 4
4 · BOSTON BEER CO INC · Filed Mar 4, 2024
Insider Transaction Report
Form 4
Murphy Matthew Donal
CAO & VP of Finance
Transactions
- Award
Class A Common
2024-03-01+812→ 3,883 total - Award
May 15, 2023 Stock Option
2024-03-01+986→ 3,944 totalExercise: $308.14From: 2024-03-01Exp: 2023-05-14→ Class A Common Stock (3,944 underlying)
Footnotes (3)
- [F1]Represents grants of Restricted Stock Units ("RSUs") under the Issuer's Restated Employee Equity Incentive Plan ("EEIP"). The details of these grants were disclosed in a Current Report on Form 8-K filed by the Issuer on February 22, 2024.
- [F2]The shares reported include 1,705 shares of restricted stock subject to vesting conditions. A total of 430 RSUs and 55 investment shares vested on March 1, 2024.
- [F3]The Time-Based Stock Option was granted pursuant to the Issuer's EEIP on May 15, 2023. The options vest in four equal installments on March 1 in the years 2024-2027, provided that the Reporting Person remains employed by the Company on the applicable vesting dates, and subject to accelerated vesting in certain situations.