0001562180-21-001757.txt : 20210302
0001562180-21-001757.hdr.sgml : 20210302
20210302160147
ACCESSION NUMBER: 0001562180-21-001757
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210301
FILED AS OF DATE: 20210302
DATE AS OF CHANGE: 20210302
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Grinnell David L.
CENTRAL INDEX KEY: 0001421530
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14092
FILM NUMBER: 21703424
MAIL ADDRESS:
STREET 1: THE BOSTON BEER COMPANY, INC.
STREET 2: ONE DESIGN CENTER PLACE, STE. 850
CITY: BOSTON
STATE: MA
ZIP: 02170
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BOSTON BEER CO INC
CENTRAL INDEX KEY: 0000949870
STANDARD INDUSTRIAL CLASSIFICATION: MALT BEVERAGES [2082]
IRS NUMBER: 043284048
STATE OF INCORPORATION: MA
FISCAL YEAR END: 1226
BUSINESS ADDRESS:
STREET 1: ONE DESIGN CENTER PLACE
STREET 2: SUITE 850
CITY: BOSTON
STATE: MA
ZIP: 02210
BUSINESS PHONE: 617-368-5056
MAIL ADDRESS:
STREET 1: ONE DESIGN CENTER PLACE
STREET 2: SUITE 850
CITY: BOSTON
STATE: MA
ZIP: 02210
4
1
primarydocument.xml
PRIMARY DOCUMENT
X0306
4
2021-03-01
false
0000949870
BOSTON BEER CO INC
SAM
0001421530
Grinnell David L.
C/O THE BOSTON BEER COMPANY, INC.
ONE DESIGN CENTER PLACE, SUITE 850
BOSTON
MA
02210
false
true
false
false
Vice President of Brewing
Class A Common
2021-03-01
4
A
false
156.00
0.00
A
1751.00
D
Stock Option (Right to Buy)
1028.71
2021-03-01
4
A
false
355.00
0.00
A
2023-03-01
2031-02-28
Class A Common
355.00
355.00
D
Stock Option (Right to Buy)
312.56
2021-03-01
4
A
false
330.00
0.00
A
2021-03-01
2029-02-28
Class A Common
330.00
330.00
D
Represents a grant of Restricted Stock Units ("RSUs") under the Issuer's Restated Employee Equity Incentive Plan ("EEIP"). The RSUs will vest in four equal installments over a four year period, provided
that the Reporting Person remains employed by the Issuer on the applicable vesting date.
The shares reported include 1,045 shares of restricted stock subject to vesting conditions. A total of 212 restricted shares vested on the Transaction Date.
The Performance-Based Stock Options were granted pursuant to the Issuer's EEIP. The extent to which the options may become exercisable will be dependent upon the Company achieving certain
compounded annual growth rate targets based on net revenue growth in Fiscal Year 2022 over Fiscal Year 2020. The determination of the eligibility for vesting of these options will be made by the
Compensation Committee before March 1, 2023.
The Performance-Based Stock Options were granted pursuant to the Issuer's EEIP. 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 2020 over Fiscal Year 2018. The determination that these options vested was made by the Compensation Committee in February 2021.
Michael G. Andrews under POA for the benefit of David L. Grinnell
2021-03-02