SEC Form 4 · accession 0001140361-15-041332
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
Nov 13, 2015
Accepted (ET)
Nov 16, 2015 · 10:08 am 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 | Nov 13, 2015 | M | 2,700 | $46.60 | A | 5,966 | D | |
| Class A CommonF2,F1 | Nov 13, 2015 | S | 2,480 | $203.15 | D | 3,486 | D | |
| Class A CommonF3,F1 | Nov 13, 2015 | S | 491 | $203.67 | D | 2,995 | 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 OptionF4 | $46.60 | Nov 13, 2015 | M | 2,700 | D | Mar 1, 2011 | Dec 31, 2019 | Class A Common Stock | 2,700 | 0 | D |
Explanation of responses
- F1The shares reported include 496 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 2,480 shares is from $202.49 to $203.47. 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.
- F3The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 491 shares is from $203.49 to $203.77. 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.
- F4The option vested in five equal installments of 3,000 shares each: the first on March 1, 2011 and the last on January 1, 2015.