4//SEC Filing
Spillane Michael 4
Accession 0001562180-24-003129
CIK 0000949870other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 8:32 AM ET
Size
7.9 KB
Accession
0001562180-24-003129
Insider Transaction Report
Form 4
Spillane Michael
DirectorPresident and CEO
Transactions
- Award
Class A Common
2024-04-01$304.42/sh+6,570$2,000,039→ 6,774 total - Exercise/Conversion
April 1, 2024 Stock Option
2024-04-01+21,205→ 21,205 totalExercise: $304.42From: 2026-04-01Exp: 2034-05-16→ Class A Common (21,205 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 6,774 shares of restricted stock subject to vesting conditions.
- [F3]On April 1, 2024, the Issuer granted the Reporting Person time-based non-qualified options. 50% of the option shares will vest on April 1, 2026, 25% on April 1, 2027, and 25% on April 21, 2028, contingent on the Reporting Person's continued employment by the Issuer on the applicable vesting dates, and subject to accelerated vesting in certain situations.
Documents
Issuer
BOSTON BEER CO INC
CIK 0000949870
Entity typeother
Related Parties
1- filerCIK 0001675782
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 8:32 AM ET
- Size
- 7.9 KB