SEC Form 4 · accession 0001140361-15-003289
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 29, 2015
Accepted (ET)
Jan 30, 2015 · 4:03 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 29, 2015 | M | 10,000 | $244.10 | A | 11,030 | D | |
| Class A CommonF2 | Jan 29, 2015 | S | 1,561 | $312.00 | D | 9,469 | D | |
| Class A CommonF3 | Jan 29, 2015 | S | 2,477 | $313.02 | D | 6,992 | D | |
| Class A CommonF4 | Jan 29, 2015 | S | 1,399 | $313.93 | D | 5,593 | D | |
| Class A CommonF5 | Jan 29, 2015 | S | 3,163 | $315.04 | D | 2,430 | D | |
| Class A CommonF6 | Jan 29, 2015 | S | 900 | $316.11 | D | 1,530 | D | |
| Class A Common | Jan 29, 2015 | S | 500 | $317.00 | 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 OptionF7,F8 | $244.10 | Jan 29, 2015 | M | 10,000 | D | Aug 5, 2014 | Jun 30, 2015 | Class A Common | 10,000 | 110,773 | 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 1,561 shares is from $311.44 to $312.31. 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 2,477 shares is from $312.49 to $313.45. 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 1,399 shares is from $313.50 to $314.48. 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 3,163 shares is from $314.54 to $315.37. 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 900 shares is from $316.00 to $316.25. 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.
- F7The 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.
- F8With respect to certain shares, the option expires on December 31, 2017. All options are subject to earlier expiration based on certain contingencies.