Key facts
- This page summarizes Michael Spillane's Form 4 filing for BOSTON BEER CO INC (SAM).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 02 Apr 2024, 08:32.
Michael Spillane - 01 Apr 2024 Form 4 Insider Report for BOSTON BEER CO INC (SAM)
- Reporting relationship
- President and CEO, Director
- Issuer ticker
- SAM
- Reported as of
- 01 Apr 2024
- Net transaction value
- +$2,000,039
- SEC form
- 4
- Accepted by SEC
- 02 Apr 2024, 08:32:19 UTC
- Prior SEC filing
- 18 May 2023
- Next SEC filing
- 04 Mar 2025
- Source filing
- View source filing
- Reporting owner signature
- Michael G. Andrews under POA for Michael Spillane
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael Spillane filed Form 4 for BOSTON BEER CO INC (SAM) on 02 Apr 2024.
Change
- Previous filing in this sequence was filed on 18 May 2023.
- Current net transaction value: +$2,000,039.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SAM
transaction
Class A Common
Award
- Transaction value
- $2,000,039
- Shares
- +6,570
- Change %
- +3221%
- Price
- $304.42
- Shares after
- 6,774
- Date
- 01 Apr 2024
- Ownership
- Direct
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SAM
transaction
Derivative
April 1, 2024 Stock Option
Options Exercise
- Transaction value
- $0
- Shares
- +21,205
- Change %
- Price
- $0.000000
- Shares after
- 21,205
- Date
- 01 Apr 2024
- Ownership
- Direct
- Underlying class
- Class A Common
- Underlying amount
- 21,205
- Exercise price
- $304.42
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote 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 22, 2024.
Footnote F2
The shares reported include 6,774 shares of restricted stock subject to vesting conditions.
Footnote F3
On April 1, 2024, the Issuer granted the Reporting Person time-based non-qualified options. 50% of the option shares will vest on April 1, 2026, 25% on April 1, 2027, and 25% on April 21, 2028, contingent on the Reporting Person's continued employment by the Issuer on the applicable vesting dates, and subject to accelerated vesting in certain situations.