Carolyn L. O'Boyle - Mar 17, 2023 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Role
Chief People Officer
Signature
Michael G. Andrews under POA for the benefit of Carolyn L.O'Boyle
Stock symbol
SAM
Transactions as of
Mar 17, 2023
Transactions value $
$17,679
Form type
4
Date filed
3/21/2023, 04:05 PM
Previous filing
Mar 2, 2023
Next filing
Nov 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAM Class A Common Award $17.7K +78 +2.64% $226.66 3.04K Mar 17, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were purchased pursuant to the Issuer's Employee Equity Incentive Plan on March 17, 2023, with an effective grant date of March 1,2023. Under this plan, tenured employees may purchase restricted shares at a discounted price. These restricted shares vest in five equal installmentsover a five year period, provided that the Reporting Person remains employed by the Issuer as of the applicable vesting date. The first installment vestsone year from the grant date and the final installment vests five years from the grant date. These shares have no expiration date.
F2 The shares reported include 2,175 shares of restricted stock subject to vesting conditions.