David L. Grinnell - 01 Aug 2021 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Role
Vice President of Brewing
Signature
Michael G. Andrews under POA for the benefit of David L. Grinnell
Issuer symbol
SAM
Transactions as of
01 Aug 2021
Transactions value $
-$82,161
Form type
4
Filing time
02 Aug 2022, 16:17:40 UTC
Next filing
09 Dec 2021
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 Options Exercise $15.3K +90 +5.59% $169.85 1.7K 01 Aug 2022 Direct F1, F2
transaction SAM Class A Common Options Exercise $64K +335 +19.69% $191.10 2.04K 01 Aug 2022 Direct F1, F2
transaction SAM Class A Common Sale -$161K -425 -20.87% $379.92 1.61K 01 Aug 2022 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 1-1-2017 Stock Option Options Exercise $0 -90 -100% $0.00* 0 01 Aug 2022 Class A Common 2.44K $169.85 Direct F1, F3
transaction SAM 1-1-2018 Stock Option Options Exercise $0 -335 -100% $0.00* 0 01 Aug 2022 Class A Common 1.51K $191.10 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 6, 2022.
F2 The shares reported include 1,045 shares of restricted stock subject to vesting conditions.
F3 The 1-1-2017 option vested in three annual installments: the first on March 1, 2020, and the final vesting on January 1, 2022.
F4 The 1-1-2018 option vested in three annual installments: the first on March 1, 2020, and the final vesting on January 1, 2022.