David A. Burwick - 30 Apr 2022 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Signature
Michael G. Andrews under POA for the benefit of David A. Burwick
Issuer symbol
SAM
Transactions as of
30 Apr 2022
Net transactions value
-$1,088,250
Form type
4
Filing time
02 May 2022, 07:23:25 UTC
Previous filing
16 Mar 2022
Next filing
19 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAM Class A Common Tax liability $1,088,250 -2,902 -6.3% $375.00 43,134 30 Apr 2022 Direct F1, F2
holding SAM Class A Common 10,457 30 Apr 2022 In a Spousal Lifetime Access Trust for the benefit of the Reporting Person's Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 6,542 restricted stock units on the transaction date.
F2 The shares reported include 14,557 shares of restricted stock subject to vesting conditions.