Jean Michel Valette - May 17, 2023 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Role
Director
Signature
Michael G. Andrews under POA for Jean-Michel Valette
Stock symbol
SAM
Transactions as of
May 17, 2023
Transactions value $
$0
Form type
4
Date filed
5/18/2023, 04:13 PM
Previous filing
May 15, 2023
Next filing
May 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAM Class A Common Award $0 +204 +1.63% $0.00 12.7K May 17, 2023 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 May 17, 2023 Stock Option Award $0 +417 $0.00 417 May 17, 2023 Class A Common 417 $319.16 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 17, 2023, the Issuer granted 204 RSUs to the Reporting Person under the Issuer's Equity Plan for Non-Employee Directors. The shares will vest in full on the first anniversary of the grant date, provided that the non-employee Director remains a member of the Board of Directors as of that date.
F2 The shares reported include 204 shares of restricted stock subject to vesting conditions.
F3 On May 17, 2023, the Issuer granted 417 option shares to the Reporting Person under the Issuer's Equity Plan for Non-Employee Directors. The option shares are immediately exercisable, subject to the Company's Director Stock Ownership and Retention Guidelines.