John C. Geist - Apr 1, 2022 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Signature
Michael G. Andrews under POA for the benefit of John C. Geist
Stock symbol
SAM
Transactions as of
Apr 1, 2022
Transactions value $
-$198,454
Form type
4
Date filed
4/4/2022, 08:11 AM
Previous filing
Mar 2, 2022
Next filing
Oct 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAM Class A Common Options Exercise $193K +1.01K +21.21% $191.10 5.76K Apr 1, 2022 Direct F1, F2
transaction SAM Class A Common Sale -$90.3K -234 -4.06% $386.04 5.53K Apr 1, 2022 Direct F1, F2, F3
transaction SAM Class A Common Sale -$106K -274 -4.96% $387.09 5.25K Apr 1, 2022 Direct F1, F4
transaction SAM Class A Common Sale -$115K -296 -5.64% $389.04 4.96K Apr 1, 2022 Direct F1, F5
transaction SAM Class A Common Sale -$69.8K -179 -3.61% $389.76 4.78K Apr 1, 2022 Direct F1, F6
transaction SAM Class A Common Sale -$9.76K -25 -0.52% $390.54 4.75K Apr 1, 2022 Direct F1

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 1-1-2018 Stock Option Options Exercise $0 -1.01K -100% $0.00* 0 Apr 1, 2022 Class A Common 3.02K $191.10 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 2, 2022.
F2 The shares reported include 4,490 shares of restricted stock subject to vesting conditions.
F3 The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 234 shares is from $385.87 to $386.78. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC, the Registrant, or a shareholder of the Registrant.
F4 The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 274 shares is from $386.90 to $387.28. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC, the Registrant, or a shareholder of the Registrant.
F5 The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 296 shares is from $388.50 to $389.49. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC, the Registrant, or a shareholder of the Registrant.
F6 The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 179 shares is from $389.52 to $390.15. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC, the Registrant, or a shareholder of the Registrant.
F7 The option vested in three annual installments: the first on March 1, 2020, and the final vesting on January 1, 2022.