4//SEC Filing
Fritsch Annette N 4
Accession 0001562180-25-001950
CIK 0000949870other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:03 PM ET
Size
10.0 KB
Accession
0001562180-25-001950
Insider Transaction Report
Form 4
Fritsch Annette N
VP of Product Design and R&D
Transactions
- Award
Class A Common
2025-03-01+8,207→ 10,315 total - Award
March 1, 2023 Stock Option
2025-03-01+308→ 308 totalExercise: $323.80From: 2025-03-01Exp: 2033-02-28→ Class A Common (926 underlying) - Tax Payment
Class A Common
2025-03-01$243.77/sh−129$31,446→ 2,108 total
Footnotes (4)
- [F1]The Issuer net withheld the vesting of a percentage of shares to satisfy the tax obligations of the Reporting Person flowing from the vesting of Restricted Stock Units ("RSUs"). The Reporting Person had a total of 431 RSUs vest on March 1, 2025.
- [F2]Represents grants of 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.
- [F3]The shares reported include 9,455 shares of restricted stock subject to vesting conditions.
- [F4]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.
Documents
Issuer
BOSTON BEER CO INC
CIK 0000949870
Entity typeother
Related Parties
1- filerCIK 0001943671
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 4:03 PM ET
- Size
- 10.0 KB