C. James Koch - Dec 7, 2021 Form 4 Insider Report for BOSTON BEER CO INC (SAM)

Role
Chairman, Director, 10%+ Owner
Signature
Michael G. Andrews under POA for the benefit of Koch C. James
Stock symbol
SAM
Transactions as of
Dec 7, 2021
Transactions value $
$521,088
Form type
4
Date filed
12/7/2021, 03:00 PM
Previous filing
Nov 15, 2021
Next filing
Dec 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SAM Class A Common Options Exercise $521K +4.8K +6.87% $108.56 74.7K Dec 7, 2021 Direct F1
holding SAM Class A Common 77.6K Dec 7, 2021 By Foundation managed by Reporting Person
holding SAM Class A Common 33.2K Dec 7, 2021 By LLC managed by spouse
holding SAM Class A Common 23.5K Dec 7, 2021 Custodian for children under UGTMA
holding SAM Class A Common 5K Dec 7, 2021 By Trust as Trustee
holding SAM Class A Common 3.66K Dec 7, 2021 By adult children. Reporting Person disclaims beneficial ownership
holding SAM Class A Common 2.53K Dec 7, 2021 By spouse in trust for children

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 Stock Option (Right to Buy) Options Exercise $0 -4.8K -100% $0.00* 0 Dec 7, 2021 Class A Common 4.8K $108.56 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported include 212 shares of restricted stock subject to vesting conditions.
F2 The option vested in five annual installments: the first on March 1, 2013 and the final vesting on January 1, 2017.