SEC Form 4 · accession 0000892222-16-000061
CRAFT BREW ALLIANCE, INC. · BREW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John William Glick
Officer — VP, Emerging Business
Period of report
Feb 24, 2016
Accepted (ET)
Feb 26, 2016 · 6:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000892222
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 24, 2016 | A | 3,200 | A | — | — | Common stock | 3,200 | 3,200 | D |
Explanation of responses
- F1Restricted Stock Units convert into Common Stock on a one-for-one basis.
- F2On April 1, 2016, shares will be issued to the reporting person in satisfaction of a performance share award granted in 2013, provided that the reporting person remains employed through the vesting date of March 31, 2016. On February 24, 2016, the compensation committee of the board of directors of the issuer determined the level of achievement of the performance goals on which payout of the award was conditioned.