C. James Koch - 25 Oct 2022 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Signature
Michael G. Andrews under POA for the benefit of Koch C. James
Issuer symbol
SAM
Transactions as of
25 Oct 2022
Net transactions value
+$635,276
Form type
4
Filing time
26 Oct 2022, 16:48:20 UTC
Previous filing
22 Dec 2021
Next filing
14 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAM Class A Common Options Exercise $635,276 +4,725 +29% $134.45 20,883 25 Oct 2022 Direct F1
holding SAM Class A Common 116,627 25 Oct 2022 By Foundation managed by Reporting Person
holding SAM Class A Common 2,537 25 Oct 2022 By LLC managed by spouse
holding SAM Class A Common 23,486 25 Oct 2022 Custodian for children under UGTMA
holding SAM Class A Common 5,000 25 Oct 2022 By Trust as Trustee
holding SAM Class A Common 3,656 25 Oct 2022 By adult children. Reporting Person disclaims beneficial ownership
holding SAM Class A Common 2,532 25 Oct 2022 By spouse in trust for children

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 1-1-2013 Option Agreement Options Exercise $0 -4,725 -100% $0.000000* 0 25 Oct 2022 Class A Common 4,725 $134.45 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported include 131 shares of restricted stock subject to vesting conditions.
F2 The option vested in four annual installments: the first on March 1, 2014 and the final vesting on January 1, 2018.