Cynthia Swanson - Jul 3, 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
Stock symbol
SAM
Transactions as of
Jul 3, 2023
Transactions value $
$0
Form type
4
Date filed
7/5/2023, 08:01 AM
Previous filing
Jul 3, 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 +422 $0.00 422 Jul 3, 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 $0.00 856 Jul 3, 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.