SEC Form 4 · accession 0001140361-15-010480
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 4, 2015
Accepted (ET)
Mar 5, 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 CommonF1 | Mar 4, 2015 | M | 6,000 | $18.51 | A | 9,342 | D | |
| Class A Common | Mar 4, 2015 | S | 500 | $257.25 | D | 8,842 | D | |
| Class A Common | Mar 4, 2015 | S | 800 | $259.00 | D | 8,042 | D | |
| Class A CommonF2 | Mar 4, 2015 | S | 1,500 | $260.49 | D | 6,542 | D | |
| Class A CommonF3 | Mar 4, 2015 | S | 833 | $261.85 | D | 5,709 | D | |
| Class A CommonF4 | Mar 4, 2015 | S | 1,261 | $263.05 | D | 4,448 | D | |
| Class A CommonF5 | Mar 4, 2015 | S | 755 | $263.95 | D | 3,693 | D | |
| Class A CommonF6 | Mar 4, 2015 | S | 351 | $265.08 | 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 OptionF7 | $18.51 | Mar 4, 2015 | M | 6,000 | D | Mar 1, 2011 | Mar 13, 2019 | Class A Common | 60,000 | 20,000 | 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 1,500 shares is from $260.21 to $261.00. 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.
- F3The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 833 shares is from $261.35 to $262.23. 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 1,261 shares is from $262.58 to $263.35. 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 755 shares is from $263.61 to $264.60. 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 351 shares is from $265.00 to $265.76. 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.
- F7On 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.