SEC Form 4 · accession 0001140361-15-010726
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 5, 2015
Accepted (ET)
Mar 6, 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 CommonF1 | Mar 5, 2015 | M | 5,000 | $18.51 | A | 8,342 | D | |
| Class A CommonF2 | Mar 5, 2015 | S | 704 | $257.88 | D | 7,638 | D | |
| Class A CommonF3 | Mar 5, 2015 | S | 1,459 | $258.97 | D | 6,179 | D | |
| Class A CommonF4 | Mar 5, 2015 | S | 974 | $260.20 | D | 5,205 | D | |
| Class A CommonF5 | Mar 5, 2015 | S | 1,073 | $261.01 | D | 4,132 | D | |
| Class A CommonF6 | Mar 5, 2015 | S | 790 | $262.02 | 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 5, 2015 | M | 5,000 | D | Mar 1, 2011 | Mar 13, 2019 | Class A Common | 60,000 | 15,000 | 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 704 shares is from $257.39 to $258.38. 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 1,459 shares is from $258.49 to $259.40. 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.
- F4The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 974 shares is from $259.63 to $260.62. 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 1,073 shares is from $260.66 to $261.47. 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.
- F6The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 790 shares is from $261.80 to $262.77. 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.