0001562180-22-000359.txt : 20220110 0001562180-22-000359.hdr.sgml : 20220110 20220110081731 ACCESSION NUMBER: 0001562180-22-000359 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220107 FILED AS OF DATE: 20220110 DATE AS OF CHANGE: 20220110 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Troupe Quincy B CENTRAL INDEX KEY: 0001665031 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14092 FILM NUMBER: 22519803 MAIL ADDRESS: STREET 1: C/O THE BOSTON BEER COMPANY STREET 2: 1 DESIGN CENTER PLACE, SUITE 850 CITY: BOSTON STATE: MA ZIP: 02210 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 2022-01-07 false 0000949870 BOSTON BEER CO INC SAM 0001665031 Troupe Quincy B C/O THE BOSTON BEER COMPANY 1 DESIGN CENTER PLACE, SUITE 850 BOSTON MA 02210 false true false false Senior VP, Supply Chain Class A Common 2022-01-07 4 M false 352.00 191.10 A 5542.00 D Class A Common 2022-01-07 4 M false 119.00 312.56 A 5661.00 D Class A Common 2022-01-07 4 S false 842.00 500.00 D 4819.00 D 1-1-18 Stock Option 191.10 2022-01-07 4 M false 352.00 0.00 D 2020-03-01 2027-12-31 Class A Common 2116.00 353.00 D 3-1-19 Stock Option 312.56 2022-01-07 4 M false 119.00 0.00 D 2021-03-01 2029-02-28 Class A Common 1430.00 119.00 D The transactions reported in this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 6, 2021, which was modified on November 8, 2021. The shares reported include 3,153 shares of restricted stock subject to vesting conditions. The Performance-Based Stock Options were granted pursuant to the Issuer's Restated Employee Equity Incentive Plan ("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 2019 over Fiscal Year 2017. The determination that these options vested was made by the Compensation Committee in February 2020. Thereafter the options become exercisable in three equal installments on March 1, 2020; January 1, 2021; and January 1, 2022, provided that the Reporting Person remains employed by the Issuer on the applicable vesting dates. 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. Thereafter the options become exercisable in three equal installments on March 1 in the years 2021 to 2023, provided that the Reporting Person remains employed by the Issuer on the applicable vesting dates. Michael G. Andrews under POA for the benefit of Quincy B. Troupe 2022-01-10