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