4//SEC Filing
Murphy Matthew Donal 4
Accession 0001562180-25-001949
CIK 0000949870other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:03 PM ET
Size
10.8 KB
Accession
0001562180-25-001949
Insider Transaction Report
Form 4
Murphy Matthew Donal
CAO & VP of Finance
Transactions
- Award
Class A Common
2025-03-01+1,437→ 5,415 total - Award
March 1, 2023 Stock Option
2025-03-01+257→ 257 totalExercise: $323.80From: 2025-03-01Exp: 2033-02-28→ Class A Common Stock (771 underlying) - Award
May 15, 2023 Stock Option
2025-03-01+986→ 1,972 totalExercise: $308.14From: 2024-03-01Exp: 2023-05-14→ Class A Common Stock (3,944 underlying)
Footnotes (4)
- [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 11, 2025.
- [F2]The shares reported include 2,732 shares of restricted stock subject to vesting conditions. A total of 431 RSUs and 74 investment shares vested on March 1, 2025.
- [F3]The Performance-Based Stock Options were granted pursuant to the Issuer's Employee Equity Incentive Plan ("EEIP") on March 1, 2023. The extent to which the options were exercisable was dependent upon the Company achieving certain compounded annual growth rate targets based on net revenue growth in Fiscal Year 2024 over Fiscal Year 2022. In February 2025, the Compensation Committee determined that the performance criteria had been achieved, and as such the options will vest in three equal installments on March 1 in the years 2025-2027, contingent on the Reporting Person's continued employment with the Issuer on the applicable vesting dates.
- [F4]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.
Documents
Issuer
BOSTON BEER CO INC
CIK 0000949870
Entity typeother
Related Parties
1- filerCIK 0001651134
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 4:03 PM ET
- Size
- 10.8 KB