David L. Grinnell - Jul 1, 2022 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Signature
Michael G. Andrews under POA for the benefit of David L. Grinnell
Stock symbol
SAM
Transactions as of
Jul 1, 2022
Transactions value $
-$57,426
Form type
4
Date filed
7/12/2022, 04:01 PM
Previous filing
Jun 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAM Class A Common Options Exercise $72.2K +425 +26.38% $169.85 2.04K Jul 1, 2022 Direct F1, F2
transaction SAM Class A Common Sale -$130K -425 -20.87% $304.97 1.61K Jul 1, 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 -82.36% $0.00 91 Jul 1, 2022 Class A Common 2.44K $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.