C. James Koch - Dec 7, 2021 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Role: Chairman, Director, 10%+ Owner
Signature: Michael G. Andrews under POA for the benefit of Koch C. James
Stock symbol: SAM
Transactions as of: Dec 7, 2021
Transactions value $: $521,088
Form type: 4
Date filed: 12/7/2021, 03:00 PM
Previous filing: Nov 15, 2021
Next filing: Dec 20, 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SAM	Class A Common	Options Exercise	$521K	+4.8K	+6.87%	$108.56	74.7K	Dec 7, 2021	Direct	F1
holding	SAM	Class A Common						77.6K	Dec 7, 2021	By Foundation managed by Reporting Person
holding	SAM	Class A Common						33.2K	Dec 7, 2021	By LLC managed by spouse
holding	SAM	Class A Common						23.5K	Dec 7, 2021	Custodian for children under UGTMA
holding	SAM	Class A Common						5K	Dec 7, 2021	By Trust as Trustee
holding	SAM	Class A Common						3.66K	Dec 7, 2021	By adult children. Reporting Person disclaims beneficial ownership
holding	SAM	Class A Common						2.53K	Dec 7, 2021	By spouse in trust for children

Showing 1 to 7 of 7 entries

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SAM	Stock Option (Right to Buy)	Options Exercise	$0	-4.8K	-100%	$0.00^*	0	Dec 7, 2021	Class A Common	4.8K	$108.56	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares reported include 212 shares of restricted stock subject to vesting conditions.
F2	The option vested in five annual installments: the first on March 1, 2013 and the final vesting on January 1, 2017.