SEC Form 4 · accession 0001140361-15-011627
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 11, 2015
Accepted (ET)
Mar 13, 2015 · 8:18 am EDT
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 11, 2015 | M | 5,000 | $18.51 | A | 8,342 | D | |
| Class A CommonF1 | Mar 11, 2015 | M | 1,000 | $95.09 | A | 9,342 | D | |
| Class A CommonF2 | Mar 11, 2015 | S | 4,000 | $259.98 | D | 5,342 | D | |
| Class A Common | Mar 11, 2015 | S | 800 | $261.00 | D | 4,542 | D | |
| Class A Common | Mar 11, 2015 | S | 700 | $262.00 | D | 3,842 | D | |
| Class A Common | Mar 11, 2015 | S | 500 | $263.00 | 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 OptionF3 | $18.51 | Mar 11, 2015 | M | 5,000 | D | Mar 1, 2011 | Mar 13, 2019 | Class A Common | 60,000 | 0 | D |
| Class A Common Stock OptionF4 | $95.09 | Mar 11, 2015 | M | 1,000 | D | Mar 1, 2012 | Dec 31, 2020 | Class A Common | 5,000 | 2,000 | 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 4,000 shares is from $259.70 to $260.50. 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.
- F3On 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.
- F4On 01/01/2011, the Issuer granted the Reporting Person a contingent vesting option of 5,000 shares of Class A Common Stock. The option will vest in five equal installments: The first on on 03/01/2012, the second on 01/01/2013, the third on 01/01/2014, the fourth on 01/01/2015, and the fifth on 01/01/2016.