Benefit John C. Geist - 28 Jul 2023 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Reporting relationship: Chief Sales Officer
Issuer ticker: SAM
Reported as of: 28 Jul 2023
Net transaction value: -$532,441
SEC form: 4
Accepted by SEC: 31 Jul 2023, 16:03:27 UTC
Prior SEC filing: 06 Jun 2023
Source filing: View source filing
Reporting owner signature: Michael G. Andrews under POA for the benefit of John C. Geist

Key filing fact

Benefit John C. Geist filed Form 4 for BOSTON BEER CO INC (SAM) on 31 Jul 2023.

Key facts

This page summarizes Benefit John C. Geist's Form 4 filing for BOSTON BEER CO INC (SAM).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 31 Jul 2023, 16:03.

Change

Previous filing in this sequence was filed on 06 Jun 2023.
Current net transaction value: -$532,441.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SAM transaction

Class A Common

Options Exercise

Transaction value: $711,531
Shares: +3,524
Change %: +63%
Price: $201.91
Shares after: 9,097
Date: 28 Jul 2023
Ownership: Direct
Footnotes: F1, F2

SAM transaction

Class A Common

Sale

Transaction value: $1,243,972
Shares: -3,524
Change %: -39%
Price: $353.00
Shares after: 5,573
Date: 28 Jul 2023
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SAM transaction Derivative

1-1-2016 Stock Option

Options Exercise

Transaction value: $0
Shares: -3,524
Change %: -21%
Price: $0.000000
Shares after: 13,048
Date: 28 Jul 2023
Ownership: Direct
Underlying class: Class A Common
Underlying amount: 50,096
Exercise price: $201.91
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 6, 2023.

Footnote F2

The shares reported include 5,127 shares of restricted stock subject to vesting conditions.

Footnote F3

The option vests in four annual installments: the first on January 1, 2021, and the final vesting on January 1, 2024, contingent on the Reporting Person's continued employment with the company on the applicable vesting dates.