David L. Grinnell - 01 Jul 2022 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Role
Vice President of Brewing
Signature
Michael G. Andrews under POA for the benefit of David L. Grinnell
Issuer symbol
SAM
Transactions as of
01 Jul 2022
Net transactions value
-$57,426
Form type
4
Filing time
12 Jul 2022, 16:01:48 UTC
Previous filing
07 Jun 2022
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 $72,186 +425 +26% $169.85 2,036 01 Jul 2022 Direct F1, F2
transaction SAM Class A Common Sale $129,612 -425 -21% $304.97 1,611 01 Jul 2022 Direct F1, F2

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 1/1/2017 Stock Option Options Exercise $0 -425 -82% $0.000000 91 01 Jul 2022 Class A Common 2,440 $169.85 Direct F1, F3
* 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 6, 2022. This Form 4 is being filed late due to broker communication delay.
F2 The shares reported include 597 shares of restricted stock subject to vesting conditions.
F3 The option vested in three annual installments on March 1, 2020; January 1, 2021; and January 1, 2022.