SEC Form 4 · accession 0001140361-15-002881
BOSTON BEER CO INC · SAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin F Roper
Officer — President and C.E.O. · Director
Period of report
Jan 26, 2015
Accepted (ET)
Jan 27, 2015 · 4:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000949870
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common | Jan 26, 2015 | M | 10,000 | $248.09 | A | 11,030 | D | |
| Class A CommonF2 | Jan 26, 2015 | S | 1,542 | $315.76 | D | 9,488 | D | |
| Class A CommonF3 | Jan 26, 2015 | S | 2,665 | $316.82 | D | 6,823 | D | |
| Class A CommonF4 | Jan 26, 2015 | S | 1,094 | $318.04 | D | 5,729 | D | |
| Class A CommonF5 | Jan 26, 2015 | S | 2,440 | $318.96 | D | 3,289 | D | |
| Class A CommonF6 | Jan 26, 2015 | S | 1,159 | $319.75 | D | 2,130 | D | |
| Class A CommonF7 | Jan 26, 2015 | S | 1,100 | $320.79 | D | 1,030 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock OptionF8,F9 | $248.09 | Jan 26, 2015 | M | 10,000 | D | Aug 5, 2014 | Jun 30, 2015 | Class A Common | 10,000 | 140,773 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2014.
- F2The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,542 shares is from $315.27 to $316.15. 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.
- F3The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 2,665 shares is from $316.42 to $317.33. 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.
- F4The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,094 shares is from $317.50 to $318.24. 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.
- F5The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 2,440 shares is from $318.50 to $319.25. 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.
- F6The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,159 shares is from $319.52 to $320.20. 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.
- F7The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,100 shares is from $320.61 to $321.00. 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.
- F8The option vests in 5 equal installments; the first on January 1, 2014, and the final vesting on January 1, 2018, subject to the Reporting Person remaining employed by the Issuer on the applicable vesting date.
- F9With respect to certain shares, the option expires on December 31, 2017. All options are subject to earlier expiration based on certain contingencies.