4//SEC Filing
Spillane Michael 4
Accession 0001562180-25-001943
CIK 0000949870other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:01 PM ET
Size
10.4 KB
Accession
0001562180-25-001943
Insider Transaction Report
Form 4
Spillane Michael
DirectorPresident and CEO
Transactions
- Award
Class A Common
2025-03-01+4,103→ 10,673 total - Award
March 1, 2025 Performance-Based Stock Option
2025-03-01+26,825→ 26,825 totalExercise: $243.77From: 2028-03-01Exp: 2035-02-28→ Class A Common (26,825 underlying) - Award
March 1, 2025 Time-Based Stock Option
2025-03-01+27,369→ 27,369 totalExercise: $243.77From: 2026-03-01Exp: 2035-02-28→ Class A Common (27,369 underlying)
Footnotes (4)
- [F1]Represents grants of Performance-Based Restricted Stock Units ("RSUs") under the Issuer's Restated Employee Equity Incentive Plan ("EEIP"). The details of this grants was disclosed in a Current Report on Form 8-K filed by the Issuer on February 11, 2025.
- [F2]The shares comprise of 10,673 shares of restricted stock subject to vesting conditions.
- [F3]The Performance-Based Stock Options were granted pursuant to the Issuer's EEIP on March 1, 2025. The extent to which the options become exercisable is dependent upon the Company achieving certain performance criteria, as outlined in a Current Report on Form 8-K filed by the Issuer on February 11, 2025.
- [F4]The Time-Based Stock Options were granted pursuant to the Issuer's EEIP on March 1, 2025. The options will vest 25% annually on March 1 in the years 2026 to 2029 contingent on the reporting person's continued employment with the Issuer on the 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
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 4:01 PM ET
- Size
- 10.4 KB