Matthew D. Murphy - Mar 1, 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
Stock symbol
SAM
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/4/2024, 04:04 PM
Previous filing
Mar 21, 2023
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAM Class A Common Award $0 +812 +26.44% $0.00 3.88K Mar 1, 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 +33.33% $0.00 3.94K Mar 1, 2024 Class A Common Stock 3.94K $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.