BOSTON BEER CO INC — Director's Dealing 2020

Jan 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BOSTON BEER CO INC (SAM)
CIK: 0000949870
Period of Report: 2019-12-23

Reporting Person: Fisher Cynthia A (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-23	Class A Common	G	29945.00	$0.00	Acquired	69245.00	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common	44248.00	Indirect
Class A Common	27437.00	Indirect
Class A Common	23486.00	Indirect
Class A Common	3656.00	Indirect
Class A Common	2532.00	Indirect

Footnotes

F1: This transaction is a Form 5 transaction being voluntarily reported early. On the Transaction Date, the Reporting Person's spouse gifted 29,945 shares from his direct ownership into a foundation that the
Reporting Person's spouse controls. The Reporting Person serves on the Board of Directors of the foundation, but disclaims beneficial ownership of the shares.

F2: The shares are held by an LLC managed by the Reporting Person and owned by Trusts established for the benefit of the Reporting Person's children and the Reporting Person's spouse's children. The
Reporting Person is the Trustee or Co-Trustee for each Trust.

F3: The shares are held by West Summit Grand LLC, a limited liability company managed by the Reporting Person. The Reporting Person expressly disclaims beneficial ownership of the securities except to the
extent of her pecuniary interest therein.