SEC Form 4 · accession 0001140361-15-003149
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 28, 2015
Accepted (ET)
Jan 29, 2015 · 4:19 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 28, 2015 | M | 10,000 | $245.59 | A | 11,030 | D | |
| Class A CommonF2 | Jan 28, 2015 | S | 1,000 | $311.45 | D | 10,030 | D | |
| Class A CommonF3 | Jan 28, 2015 | S | 1,300 | $312.42 | D | 8,730 | D | |
| Class A CommonF4 | Jan 28, 2015 | S | 1,500 | $313.88 | D | 7,230 | D | |
| Class A CommonF5 | Jan 28, 2015 | S | 305 | $314.71 | D | 6,925 | D | |
| Class A CommonF6 | Jan 28, 2015 | S | 980 | $316.27 | D | 5,945 | D | |
| Class A CommonF7 | Jan 28, 2015 | S | 3,348 | $317.21 | D | 2,597 | D | |
| Class A CommonF8 | Jan 28, 2015 | S | 572 | $317.89 | D | 2,025 | D | |
| Class A CommonF9 | Jan 28, 2015 | S | 695 | $319.01 | D | 1,330 | D | |
| Class A Common | Jan 28, 2015 | S | 300 | $320.00 | 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 OptionF10,F11 | $245.59 | Jan 28, 2015 | M | 10,000 | D | Aug 5, 2014 | Jun 30, 2015 | Class A Common | 10,000 | 120,773 | 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.
- F10The 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.
- F11With respect to certain shares, the option expires on December 31, 2017. All options are subject to earlier expiration based on certain contingencies.
- F2The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,000 shares is from $310.93 to $311.90. 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 1,300 shares is from $312.02 to $312.92. 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 1,500 shares is from $313.28 to $314.04. 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 305 shares is from $314.64 to $314.78. 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 980 shares is from $315.66 to $316.56. 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 3,348 shares is from $316.70 to $317.61. 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 price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 572 shares is from $317.75 to $318.20. 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.
- F9The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 695 shares is from $319.00 to $319.05. 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.