Benefit Matthew D. Murphy - 01 Mar 2024 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Role: CAO & VP of Finance
Signature: Michael G. Andrews under POA for the benefit of Matthew D. Murphy
Issuer symbol: SAM
Transactions as of: 01 Mar 2024
Net transactions value: $0
Form type: 4
Filing time: 04 Mar 2024, 16:04:26 UTC
Previous filing: 21 Mar 2023
Next filing: 18 Mar 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	+812	+26%	$0.000000	3,883	01 Mar 2024	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 15, 2023 Stock Option	Award	$0	+986	+33%	$0.000000	3,944	01 Mar 2024	Class A Common Stock	3,944	$308.14	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Represents grants of Restricted Stock Units ("RSUs") under the Issuer's Restated Employee Equity Incentive Plan ("EEIP"). The details of these grants were disclosed in a Current Report on Form 8-K filed by the Issuer on February 22, 2024.
F2	The shares reported include 1,705 shares of restricted stock subject to vesting conditions. A total of 430 RSUs and 55 investment shares vested on March 1, 2024.
F3	The Time-Based Stock Option was granted pursuant to the Issuer's EEIP on May 15, 2023. The options vest in four equal installments on March 1 in the years 2024-2027, provided that the Reporting Person remains employed by the Company on the applicable vesting dates, and subject to accelerated vesting in certain situations.