SEC Form 4 · accession 0001140361-15-009950
BOSTON BEER CO INC · SAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas W Lance
Officer — VP Operations
Period of report
Mar 2, 2015
Accepted (ET)
Mar 3, 2015 · 4:05 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 CommonF1 | Mar 2, 2015 | M | 2,500 | $18.51 | A | 5,842 | D | |
| Class A CommonF2 | Mar 2, 2015 | S | 1,800 | $267.14 | D | 4,042 | D | |
| Class A CommonF3 | Mar 2, 2015 | S | 700 | $268.00 | D | 3,342 | 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 OptionF4 | $18.51 | Mar 2, 2015 | M | 2,500 | D | Mar 1, 2011 | Mar 13, 2019 | Class A Common | 60,000 | 31,000 | D |
Explanation of responses
- F1The shares reported include 487 shares of restricted stock subject to vesting conditions.
- F2The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,800 shares is from $267.00 to $267.51. 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 700 shares is from $268.00 to $268.01. 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.
- F4On 3/13/2009, the Issuer granted the Reporting Person a contingent vesting option of 60,000 shares of Class A Common Stock. The option vested in three equal installments: The first on on 3/1/2011, the second on 03/01/2012, and the third on 03/01/2013.