SEC Form 4 · accession 0001140361-15-017959
BOSTON BEER CO INC · SAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L. Grinnell
Officer — Vice President of Brewing
Period of report
May 4, 2015
Accepted (ET)
May 6, 2015 · 4:05 pm 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 | May 4, 2015 | M | 1,200 | $24.95 | A | 6,100 | D | |
| Class A CommonF1 | May 4, 2015 | M | 1,000 | $35.98 | A | 7,100 | D | |
| Class A CommonF1 | May 4, 2015 | S | 120 | $246.52 | D | 6,980 | D | |
| Class A CommonF2,F1 | May 4, 2015 | S | 1,500 | $247.48 | D | 5,480 | D | |
| Class A CommonF1 | May 4, 2015 | S | 400 | $249.00 | D | 5,080 | D | |
| Class A CommonF1 | May 4, 2015 | S | 300 | $250.00 | D | 4,780 | 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 | $24.95 | May 4, 2015 | M | 1,200 | D | Mar 1, 2007 | Dec 31, 2015 | Class A Common | 4,500 | 0 | D |
| Class A Common Stock OptionF4 | $35.98 | May 4, 2015 | M | 1,000 | D | Mar 1, 2008 | Dec 31, 2016 | Class A Common | 2,500 | 0 | D |
Explanation of responses
- F1The shares reported include 960 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 $247.10 to $248.00. 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 option exercised vested in five equal installments: The first on March 1, 2007 and the last on January 1, 2011.
- F4The option exercised vested in five equal installments: The first on March 1, 2008 and the last on January 1, 2012.