SEC Form 4 · accession 0001140361-15-005120
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
Feb 9, 2015
Accepted (ET)
Feb 10, 2015 · 4:10 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 | Feb 9, 2015 | M | 10,000 | $237.27 | A | 11,030 | D | |
| Class A CommonF2 | Feb 9, 2015 | S | 2,100 | $304.11 | D | 8,930 | D | |
| Class A CommonF3 | Feb 9, 2015 | S | 2,900 | $305.25 | D | 6,030 | D | |
| Class A CommonF4 | Feb 9, 2015 | S | 1,000 | $306.25 | D | 5,030 | D | |
| Class A CommonF5 | Feb 9, 2015 | S | 1,200 | $308.59 | D | 3,830 | D | |
| Class A CommonF6 | Feb 9, 2015 | S | 1,701 | $311.17 | D | 2,129 | D | |
| Class A CommonF7 | Feb 9, 2015 | S | 1,099 | $312.07 | 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 | $237.27 | Feb 9, 2015 | M | 10,000 | D | Aug 5, 2014 | Jun 30, 2015 | Class A Common | 10,000 | 40,773 | 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 2,100 shares is from $303.84 to $304.75. 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 2,900 shares is from $304.85 to $305.80. 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 1,000 shares is from $306.00 to $306.50. 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 1,200 shares is from $308.27 to $309.00. 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.
- F6The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,701 shares is from $310.66 to $311.47. 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 1,099 shares is from $312.00 to $312.40. 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.