Benefit Lesya Lysyj - 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, 16:02:58 UTC
Prior SEC filing
04 Mar 2024
Next SEC filing
03 Mar 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Michael G. Andrews under POA for the benefit of Lesya Lysyj

Key filing fact

Benefit Lesya Lysyj filed Form 4 for BOSTON BEER CO INC (SAM) on 04 Mar 2025.

Key facts

  • This page summarizes Benefit Lesya Lysyj's Form 4 filing for BOSTON BEER CO INC (SAM).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 04 Mar 2025, 16:02.

Change

  • Previous filing in this sequence was filed on 04 Mar 2024.
  • Current net transaction value: -$75,325.

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
+6,565
Change %
+62%
Price
$0.000000
Shares after
17,197
Date
01 Mar 2025
Ownership
Direct
Footnotes
F1, F2
SAM transaction

Class A Common

Tax liability

Transaction value
$75,325
Shares
-309
Change %
-1.8%
Price
$243.77
Shares after
16,888
Date
01 Mar 2025
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

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

SAM transaction Derivative

March 1, 2021 Stock Option

Award

Transaction value
$0
Shares
+182
Change %
+34%
Price
$0.000000
Shares after
725
Date
01 Mar 2025
Ownership
Direct
Underlying class
Class A Common
Underlying amount
725
Exercise price
$1028.71
Footnotes
F4
SAM transaction Derivative

March 1, 2023 Stock Option

Award

Transaction value
$0
Shares
+565
Change %
Price
$0.000000
Shares after
565
Date
01 Mar 2025
Ownership
Direct
Underlying class
Class A Common
Underlying amount
1,697
Exercise price
$323.80
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 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 11, 2025.

Footnote F2

The shares reported include 10,758 shares of restricted stock subject to vesting conditions.

Footnote F3

The Issuer net withheld the vesting of a percentage of shares to satisfy the tax obligations of the Reporting Person flowing from the vesting of Restricted Stock Units ("RSUs"). The Reporting Person had a total of 1,045 RSUs vest on March 1, 2025.

Footnote F4

The Performance-Based Stock Options were granted pursuant to the Issuer's EEIP on March 1, 2021. 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 2022 over Fiscal Year 2020. In February 2023, the Compensation Committee determined that the performance criteria had been achieved, and as such the options vested in three equal installments on March 1 in the years 2023-2025.

Footnote F5

The Performance-Based Stock Options were granted pursuant to the Issuer's Employee Equity Incentive Plan ("EEIP") on March 1, 2023. 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 2024 over Fiscal Year 2022. In February 2025, the Compensation Committee determined that the performance criteria had been achieved, and as such the options will vest in three equal installments on March 1 in the years 2025-2027, contingent on the Reporting Person's continued employment with the Issuer on the applicable vesting dates.

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