David Burwick - May 22, 2023 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Signature
Michael G. Andrews under POA for the benefit of David A. Burwick
Stock symbol
SAM
Transactions as of
May 22, 2023
Transactions value $
-$287,519
Form type
4
Date filed
5/24/2023, 04:27 PM
Previous filing
Mar 3, 2023
Next filing
Jun 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAM Class A Common Options Exercise $249K +1.64K +3.43% $151.49 49.6K May 22, 2023 Direct F1, F2
transaction SAM Class A Common Sale -$537K -1.64K -3.32% $326.38 47.9K May 22, 2023 Direct F1, F2
holding SAM Class A Common 10.5K May 22, 2023 In a Spousal Lifetime Access Trust for the benefit of the Reporting Person's Spouse

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 29, 2013 Stock Option Options Exercise $0 -1.64K -100% $0.00* 0 May 22, 2023 Class A Common 1.64K $151.49 Direct F1
* 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 October 28, 2022.
F2 The shares reported include 16,597 shares of restricted stock subject to vesting conditions.