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BOSTON BEER CO INC Director's Dealing 2021

Jan 5, 2021

31558_dirs_2021-01-05_b16ae4df-217f-48c5-86f9-9fc490965412.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BOSTON BEER CO INC (SAM)
CIK: 0000949870
Period of Report: 2021-01-04

Reporting Person: Geist John C (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-01-04 Class A Common M 1008.00 $191.10 Acquired 5596.00 Direct
2021-01-04 Class A Common S 1008.00 $991.14 Disposed 4588.00 Direct
2021-01-04 Class A Common M 12524.00 $201.91 Acquired 17112.00 Direct
2021-01-04 Class A Common S 94.00 $935.68 Disposed 17018.00 Direct
2021-01-04 Class A Common S 6.00 $936.97 Disposed 17012.00 Direct
2021-01-04 Class A Common S 753.00 $938.56 Disposed 16259.00 Direct
2021-01-04 Class A Common S 1039.00 $939.18 Disposed 15220.00 Direct
2021-01-04 Class A Common S 1180.00 $940.47 Disposed 14040.00 Direct
2021-01-04 Class A Common S 1229.00 $941.42 Disposed 12811.00 Direct
2021-01-04 Class A Common S 500.00 $942.53 Disposed 12311.00 Direct
2021-01-04 Class A Common S 800.00 $943.52 Disposed 11511.00 Direct
2021-01-04 Class A Common S 200.00 $944.42 Disposed 11311.00 Direct
2021-01-04 Class A Common S 161.00 $945.87 Disposed 11150.00 Direct
2021-01-04 Class A Common S 429.00 $947.29 Disposed 10721.00 Direct
2021-01-04 Class A Common S 271.00 $948.53 Disposed 10450.00 Direct
2021-01-04 Class A Common S 297.00 $949.04 Disposed 10153.00 Direct
2021-01-04 Class A Common S 408.00 $950.53 Disposed 9745.00 Direct
2021-01-04 Class A Common S 548.00 $952.65 Disposed 9197.00 Direct
2021-01-04 Class A Common S 432.00 $953.67 Disposed 8765.00 Direct
2021-01-04 Class A Common S 320.00 $954.78 Disposed 8445.00 Direct
2021-01-04 Class A Common S 107.00 $956.67 Disposed 8338.00 Direct
2021-01-04 Class A Common S 98.00 $958.74 Disposed 8240.00 Direct
2021-01-04 Class A Common S 45.00 $960.00 Disposed 8195.00 Direct
2021-01-04 Class A Common S 168.00 $961.69 Disposed 8027.00 Direct
2021-01-04 Class A Common S 108.00 $962.22 Disposed 7919.00 Direct
2021-01-04 Class A Common S 325.00 $963.70 Disposed 7594.00 Direct
2021-01-04 Class A Common S 583.00 $964.35 Disposed 7011.00 Direct
2021-01-04 Class A Common S 397.00 $965.44 Disposed 6614.00 Direct
2021-01-04 Class A Common S 150.00 $967.60 Disposed 6464.00 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-01-04 Stock Option (Right to Buy) $191.10 M 1008.00 Disposed 2027-12-31 Class A Common (1008.00) Direct
2021-01-04 Stock Option (Right to Buy) $201.91 M 12524.00 Disposed 2025-12-31 Class A Common (12524.00) Direct

Footnotes

F1: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 6, 2020.

F2: The shares reported include 4,566 shares of restricted stock subject to vesting conditions.

F3: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 94 shares is from $935.57 to $936.00. 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 6 shares is from $936.83 to $937.00. 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 753 shares is from $937.99 to $938.93. 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 price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,039 shares is from $938.99 to $939.85. 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.

F7: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,180 shares is from $940.00 to $940.98. 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.

F8: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,229 shares is from $941.00 to $941.88. 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.

F9: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 500 shares is from $942.11 to $943.07. 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.

F10: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 800 shares is from $943.11 to $944.02. 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.

F11: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 161 shares is from $945.76 to $945.94. 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.

F12: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 429 shares is from $946.81 to $947.67. 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.

F13: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 271 shares is from $947.85 to $948.81. 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.

F14: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 297 shares is from $948.87 to $949.70. 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.

F15: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 408 shares is from $949.98 to $950.93. 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.

F16: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 548 shares is from $952.17 to $953.00. 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.

F17: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 432 shares is from $953.41 to $954.39. 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.

F18: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 320 shares is from $954.53 to $955.12. 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.

F19: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 107 shares is from $956.66 to $957.33. 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.

F20: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 98 shares is from $958.70 to $959.01. 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.

F21: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 45 shares is from $960.00 to $960.01. 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.

F22: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 168 shares is from $961.00 to $961.87. 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.

F23: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 108 shares is from $962.00 to $962.42. 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.

F24: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 325 shares is from $963.25 to $964.01. 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.

F25: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 583 shares is from $964.25 to $965.22. 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.

F26: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 397 shares is from $965.27 to $966.00. 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.

F27: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 150 shares is from $967.00 to $967.99. 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.

F28: The option vests in three annual installments: the first on March 1, 2020, and the final vesting on January 1, 2022, provided that the Reporting Person remains employed by the Issuer on the applicable vesting dates.

F29: The option vests in four annual installments: the first on January 1, 2021, and the final vesting on January 1, 2024, provided that the Reporting Person remains employed by the Issuer on the applicable vesting dates.