Michael Spillane - 01 Mar 2025 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Mar 2025, 16:01:56 UTC
Prior SEC filing
02 Apr 2024
Next SEC filing
04 Nov 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Michael G. Andrews under POA for Michael Spillane

Key filing fact

Michael Spillane filed Form 4 for BOSTON BEER CO INC (SAM) on 04 Mar 2025.

Key facts

  • This page summarizes Michael Spillane's Form 4 filing for BOSTON BEER CO INC (SAM).
  • 3 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 04 Mar 2025, 16:01.

Change

  • Previous filing in this sequence was filed on 02 Apr 2024.
  • Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SAM transaction

Class A Common

Award

Transaction value
$0
Shares
+4,103
Change %
+62%
Price
$0.000000
Shares after
10,673
Date
01 Mar 2025
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SAM transaction Derivative

March 1, 2025 Performance-Based Stock Option

Award

Transaction value
$0
Shares
+26,825
Change %
Price
$0.000000
Shares after
26,825
Date
01 Mar 2025
Ownership
Direct
Underlying class
Class A Common
Underlying amount
26,825
Exercise price
$243.77
Footnotes
F3
SAM transaction Derivative

March 1, 2025 Time-Based Stock Option

Award

Transaction value
$0
Shares
+27,369
Change %
Price
$0.000000
Shares after
27,369
Date
01 Mar 2025
Ownership
Direct
Underlying class
Class A Common
Underlying amount
27,369
Exercise price
$243.77
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents grants of Performance-Based Restricted Stock Units ("RSUs") under the Issuer's Restated Employee Equity Incentive Plan ("EEIP"). The details of this grants was disclosed in a Current Report on Form 8-K filed by the Issuer on February 11, 2025.

Footnote F2

The shares comprise of 10,673 shares of restricted stock subject to vesting conditions.

Footnote F3

The Performance-Based Stock Options were granted pursuant to the Issuer's EEIP on March 1, 2025. The extent to which the options become exercisable is dependent upon the Company achieving certain performance criteria, as outlined in a Current Report on Form 8-K filed by the Issuer on February 11, 2025.

Footnote F4

The Time-Based Stock Options were granted pursuant to the Issuer's EEIP on March 1, 2025. The options will vest 25% annually on March 1 in the years 2026 to 2029 contingent on the reporting person's continued employment with the Issuer on the on the applicable vesting dates, and subject to accelerated vesting in certain situations.

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