Matthew D. Murphy - Mar 1, 2025 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, 2025
Transactions value $
$0
Form type
4
Date filed
3/4/2025, 04:03 PM
Previous filing
Mar 18, 2024
Next filing
Mar 20, 2025
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 Award $0 +1.44K +36.12% $0.00 5.42K Mar 1, 2025 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 March 1, 2023 Stock Option Award $0 +257 $0.00 257 Mar 1, 2025 Class A Common Stock 771 $323.80 Direct F3
transaction SAM May 15, 2023 Stock Option Award $0 +986 +100% $0.00 1.97K Mar 1, 2025 Class A Common Stock 3.94K $308.14 Direct F4
* 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 11, 2025.
F2 The shares reported include 2,732 shares of restricted stock subject to vesting conditions. A total of 431 RSUs and 74 investment shares vested on March 1, 2025.
F3 The Performance-Based Stock Options were granted pursuant to the Issuer's Employee Equity Incentive Plan ("EEIP") on March 1, 2023. The extent to which the options were exercisable was dependent upon the Company achieving certain compounded annual growth rate targets based on net revenue growth in Fiscal Year 2024 over Fiscal Year 2022. In February 2025, the Compensation Committee determined that the performance criteria had been achieved, and as such the options will vest in three equal installments on March 1 in the years 2025-2027, contingent on the Reporting Person's continued employment with the Issuer on the applicable vesting dates.
F4 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.