C. James Koch - Oct 31, 2023 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Role
Chairman, Director, 10%+ Owner
Signature
Michael G. Andrews under POA for the benefit of Koch C. James
Stock symbol
SAM
Transactions as of
Oct 31, 2023
Transactions value $
$517,431
Form type
4
Date filed
11/1/2023, 10:38 AM
Previous filing
May 26, 2023
Next filing
May 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAM Class A Common Options Exercise $517K +2.14K +21.22% $241.79 12.2K Oct 31, 2023 Direct
holding SAM Class A Common 123K Oct 31, 2023 By Foundation managed by Reporting Person
holding SAM Class A Common 33.2K Oct 31, 2023 By LLC managed by spouse
holding SAM Class A Common 23.5K Oct 31, 2023 Custodian for children under UGTMA
holding SAM Class A Common 5K Oct 31, 2023 By Trust as Trustee
holding SAM Class A Common 3.66K Oct 31, 2023 By adult children. Reporting Person disclaims beneficial ownership
holding SAM Class A Common 2.53K Oct 31, 2023 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 1-1-2014 Option Agreement Options Exercise $0 -2.14K -100% $0.00* 0 Oct 31, 2023 Class A Common 2.14K $241.79 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vested in four annual installments: the first on March 1, 2015 and the final vesting on January 1, 2019.