Cynthia Swanson - May 7, 2024 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
May 7, 2024
Transactions value $
$0
Form type
4
Date filed
5/8/2024, 04:06 PM
Previous filing
Jul 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAM Class A Common Award $0 +243 +57.58% $0.00 665 May 7, 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 7, 2024 Stock Option Award $0 +568 $0.00 568 May 7, 2024 Class A Common 568 $268.20 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 7, 2024, the Issuer granted 243 RSUs to the Reporting Person under the Issuer's Equity Plan for Non-Employee Directors. The shares will vest in full on the first anniversary of the grant date, provided that the non-employee Director remains a member of the Board of Directors as of that date.
F2 The shares reported include 665 shares of restricted stock subject to vesting conditions.
F3 On May 7, 2024, the Issuer granted 568 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.