BOSTON BEER INC

Ticker: SAM CUSIP: 100557107 Class: CL A

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

Note: Option positions (PUT/CALL) are excluded.

Q1 2020
Shares 1,730 Value ($000) $636 Avg Close $370.86 Range $290.02 - $433.62
Q4 2019
Shares 1,700 Value ($000) $642 Avg Close $376.63 Range $345.26 - $405.00
Q3 2019
Shares 1,690 Value ($000) $615 Avg Close $393.06 Range $336.06 - $444.65
Q2 2019
Shares 1,610 Value ($000) $608 Avg Close $316.66 Range $258.34 - $379.35
Q1 2019
Shares 1,590 Value ($000) $469 Avg Close $273.54 Range $230.93 - $320.14
Q4 2018
Shares 2,050 Value ($000) $494 Avg Close $279.65 Range $235.58 - $324.93
Q2 2018
Shares 2,050 Value ($000) $614 Avg Close $243.65 Range $185.95 - $307.00
Q1 2018
Shares 2,700 Value ($000) $510 Avg Close $183.93 Range $160.40 - $202.35
Q4 2017
Shares 2,700 Value ($000) $516 Avg Close $178.64 Range $155.75 - $197.05
Q3 2017
Shares 2,700 Value ($000) $422 Avg Close $146.09 Range $128.75 - $165.80
Q2 2017
Shares 3,510 Value ($000) $464 Avg Close $139.90 Range $128.70 - $149.70
Q1 2017
Shares 4,180 Value ($000) $605 Avg Close $156.51 Range $141.55 - $175.60
Q4 2016
Shares 4,180 Value ($000) $710 Avg Close $165.63 Range $145.30 - $180.45
Q3 2016
Shares 4,190 Value ($000) $651 Avg Close $174.40 Range $146.87 - $195.35
Q2 2016
Shares 4,130 Value ($000) $706 Avg Close $161.90 Range $145.33 - $185.27
Q1 2016
Shares 3,150 Value ($000) $583 Avg Close $182.28 Range $160.84 - $202.77
Q4 2015
Shares 3,100 Value ($000) $626 Avg Close $219.24 Range $198.68 - $260.51
Q3 2015
Shares 2,930 Value ($000) $617 Avg Close $221.14 Range $195.04 - $238.72
Q2 2015
Shares 2,850 Value ($000) $661 Avg Close $257.15 Range $231.56 - $273.71
Q1 2015
Shares 2,700 Value ($000) $722 Avg Close $289.79 Range $253.01 - $325.00
Q4 2014
Shares 2,300 Value ($000) $666 Avg Close $253.32 Range $210.03 - $299.00
Q3 2014
Shares 2,300 Value ($000) $510 Avg Close $223.81 Range $213.37 - $233.93
Q2 2014
Shares 2,200 Value ($000) $492 Avg Close $227.88 Range $208.82 - $248.00
Q1 2014
Shares 2,100 Value ($000) $514 Avg Close $227.93 Range $202.78 - $249.81