Benefit Cynthia L. Swanson - 03 Jul 2023 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Role: Director
Signature: Michael G. Andrews under POA for the benefit of Cynthia L. Swanson
Issuer symbol: SAM
Transactions as of: 03 Jul 2023
Net transactions value: $0
Form type: 4
Filing time: 05 Jul 2023, 08:01:49 UTC
Previous filing: 03 Jul 2023
Next filing: 08 May 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SAM	Class A Common	Award	$0	+422		$0.000000	422	03 Jul 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	July 3, 2023 Stock Option	Award	$0	+856		$0.000000	856	03 Jul 2023	Class A Common	856	$308.44	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On July 3, 2023, the Issuer granted 422 RSUs to the Reporting Person under the Issuer's Equity Plan for Non-Employee Directors. The shares will vest in full on July 1, 2024, provided that the Reporting Person remains a member of the Board of Directors as of that date.
F2	The shares reported consist of 422 shares of restricted stock subject to vesting conditions.
F3	On July 3, 2023, the Issuer granted 856 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.