David Burwick - May 18, 2022 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Role
President and CEO, Director
Signature
Michael G. Andrews under POA for the benefit of David A. Burwick
Stock symbol
SAM
Transactions as of
May 18, 2022
Transactions value $
-$779,731
Form type
4
Date filed
5/19/2022, 04:01 PM
Previous filing
May 2, 2022
Next filing
Jun 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAM Class A Common Options Exercise $238K +2.27K +5.27% $104.68 45.4K May 18, 2022 Direct F1, F2
transaction SAM Class A Common Sale -$102K -302 -0.67% $336.81 45.1K May 18, 2022 Direct F1, F2, F3
transaction SAM Class A Common Sale -$101K -298 -0.66% $337.85 44.8K May 18, 2022 Direct F1, F2, F4
transaction SAM Class A Common Sale -$102K -300 -0.67% $339.50 44.5K May 18, 2022 Direct F1, F2, F5
transaction SAM Class A Common Sale -$34.1K -100 -0.22% $340.60 44.4K May 18, 2022 Direct F1, F2
transaction SAM Class A Common Sale -$103K -300 -0.68% $343.97 44.1K May 18, 2022 Direct F1, F2, F6
transaction SAM Class A Common Sale -$138K -400 -0.91% $345.29 43.7K May 18, 2022 Direct F1, F2, F7
transaction SAM Class A Common Sale -$48.9K -141 -0.32% $347.00 43.6K May 18, 2022 Direct F1, F2, F8
transaction SAM Class A Common Sale -$151K -433 -0.99% $349.17 43.1K May 18, 2022 Direct F1, F2, F9
holding SAM Class A Common 10.5K May 18, 2022 In a Spousal Lifetime Access Trust for the benefit of the Reporting Person's Spouse

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 -$238K -2.27K -100% $104.68 0 May 18, 2022 Class A Common 2.27K $104.68 Direct F1
* 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 May 9, 2021.
F2 The shares reported include 14,557 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 302 shares is from $336.42 to $337.18. 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 298 shares is from $337.45 to $338.31. 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 300 shares is from $339.05 to $339.73. 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 300 shares is from $343.71 to $344.17. 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 price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 400 shares is from $345.27 to $345.30. 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.
F8 The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 141 shares is from $346.29 to $347.42 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.
F9 The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 433 shares is from $348.32 to $349.31. 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.