SEC Form 4 · accession 0001714774-17-000002
CRAFT BREW ALLIANCE, INC. · BREW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd Stift
Other
Period of report
Aug 16, 2017
Accepted (ET)
Aug 16, 2017 · 2:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000892222
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 16, 2017 | J | 1,388 | $13.10 | A | 0 | D | |
| Common StockF1,F2 | Aug 16, 2017 | J | 2,018 | $10.70 | A | 0 | D | |
| Common StockF1,F2 | Aug 16, 2017 | J | 1,502 | $7.69 | A | 0 | D | |
| Common StockF1 | Aug 16, 2017 | J | 1,388 | $18.50 | D | 0 | D | |
| Common StockF1 | Aug 16, 2017 | J | 2,018 | $18.50 | D | 0 | D | |
| Common StockF1 | Aug 16, 2017 | J | 1,502 | $18.50 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1All of the transactions identified in this filing occurred pursuant to a single cashless execution request by the reporting party. Through Solium, the manager of BREW's stock option plan option grants, Reporting Party requested the cashless execution and contemporaneous sale of certain vested stock options. The transactions will be settled by a bank transfer of the excess of sales price over exercise price less taxes to Reporting Party's account. Exercised Options: 1388 shares at $13.10 strike price 2018 shares at $10.70 strike price 1502 shares at $7.69 strike price Prior to and following the transactions reported here, Reporting Party has no equity interest in BREW.
- F2Purchase price pursuant to nonqualified stock option agreement.