John C. Geist - Oct 25, 2022 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Role
Chief Sales Officer
Signature
Michael G. Andrews under POA for the benefit of John C. Geist
Stock symbol
SAM
Transactions as of
Oct 25, 2022
Transactions value $
-$1,054,097
Form type
4
Date filed
10/26/2022, 04:50 PM
Previous filing
Apr 4, 2022
Next filing
Jan 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAM Class A Common Options Exercise $1.01M +5K +105.22% $201.91 9.75K Oct 25, 2022 Direct F1
transaction SAM Class A Common Sale -$164K -400 -4.1% $409.48 9.35K Oct 25, 2022 Direct F1, F2
transaction SAM Class A Common Sale -$288K -700 -7.49% $410.75 8.65K Oct 25, 2022 Direct F1, F3
transaction SAM Class A Common Sale -$378K -917 -10.6% $411.97 7.74K Oct 25, 2022 Direct F1, F4
transaction SAM Class A Common Sale -$454K -1.1K -14.22% $413.12 6.64K Oct 25, 2022 Direct F1, F5
transaction SAM Class A Common Sale -$656K -1.58K -23.86% $414.20 5.05K Oct 25, 2022 Direct F1, F6
transaction SAM Class A Common Sale -$124K -300 -5.94% $414.81 4.75K Oct 25, 2022 Direct F1, F7

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 1-1-2016 Stock Option Options Exercise $0 -5K -43.39% $0.00 6.52K Oct 25, 2022 Class A Common 50.1K $201.91 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported include 4,490 shares of restricted stock subject to vesting conditions.
F2 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 $409.17 to $409.78. 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.
F3 The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 700 shares is from $410.29 to $411.11. 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 917 shares is from $411.63 to $412.57. 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 1,100 shares is from $412.69 to $413.61. 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 1,583 shares is from $413.73 to $414.66. 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 300 shares is from $414.79 to $414.85. 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 option vests in four annual installments: the first on January 1, 2021, and the final vesting on January 1, 2024, contingent on the Reporting Person's continued employment with the company on the applicable vesting dates.