John C. Geist - 05 Jun 2023 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Role
Chief Sales Officer
Signature
Michael G. Andrews under POA for the benefit of John C. Geist
Issuer symbol
SAM
Transactions as of
05 Jun 2023
Net transactions value
-$1,394,418
Form type
4
Filing time
06 Jun 2023, 16:24:59 UTC
Previous filing
02 Mar 2023
Next filing
31 Jul 2023
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 $2,019,100 +10,000 +179% $201.91 15,573 05 Jun 2023 Direct F1
transaction SAM Class A Common Sale $89,800 -264 -1.7% $340.15 15,309 05 Jun 2023 Direct F1, F2
transaction SAM Class A Common Sale $337,203 -993 -6.5% $339.58 14,316 05 Jun 2023 Direct F1, F3
transaction SAM Class A Common Sale $1,493,511 -4,378 -31% $341.14 9,938 05 Jun 2023 Direct F1, F4
transaction SAM Class A Common Sale $1,493,005 -4,365 -44% $342.04 5,573 05 Jun 2023 Direct F1, F5

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 1-1-2016 Stock Option Options Exercise $0 -10,000 -38% $0.000000 16,572 05 Jun 2023 Class A Common 50,096 $201.91 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported include 5,127 shares of restricted stock subject to vesting conditions.
F2 The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 400 shares is from $338.54 to $339.548. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC, the Registrant, or a shareholder of the Registrant.
F3 The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 700 shares is from $339.58 to $340.58. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC, the Registrant, or a shareholder of the Registrant.
F4 The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 917 shares is from $340.60 to $341.59. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC, the Registrant, or a shareholder of the Registrant.
F5 The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,100 shares is from $341.60 to $342.60. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC, the Registrant, or a shareholder of the Registrant.
F6 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.