SEC Form 4 · accession 0001140361-15-030176
BOSTON BEER CO INC · SAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kathleen H Wade
Officer — VP - Legal and Secretary
Period of report
Aug 5, 2015
Accepted (ET)
Aug 6, 2015 · 4:01 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 Common | Aug 5, 2015 | M | 300 | $95.09 | A | 11,016 | D | |
| Class A Common | Aug 5, 2015 | M | 82 | $108.56 | A | 11,098 | D | |
| Class A CommonF1,F2 | Aug 5, 2015 | S | 382 | $235.03 | D | 10,716 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $95.09 | Aug 5, 2015 | M | 300 | D | Mar 1, 2012 | Dec 31, 2020 | Class A Common | 1,600 | 320 | D |
| Stock Option (Right to Buy)F4 | $108.56 | Aug 5, 2015 | M | 82 | D | Mar 1, 2013 | Dec 31, 2021 | Class A Common | 1,500 | 600 | D |
Explanation of responses
- F1The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 382 shares is from $235.00 to $235.04. 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.
- F2The shares reported include 949 shares of restricted stock subject to vesting conditions.
- F3On 01/01/2011, the Issuer granted the Reporting Person a contingent vesting option of 1,600 shares of Class A Common Stock. The Issuer subsequently determined that the vesting contingency was achieved, and the option vests in five equal installments: the first on 03/01/2012 and the last on 01/01/2016, provided that the Reporting Person remains employed by the Issuer on the applicable vesting dates.
- F4On 01/01/2012, the Issuer granted the Reporting Person a contingent vesting option of 1,500 shares of Class A Common Stock. The Issuer subsequently determined that the vesting contingency was achieved, and the option vests in five equal installments: the first on 03/01/2013 and the last on 01/01/2017, provided that the Reporting Person remains employed by the Issuer on the applicable vesting dates.