SEC Form 4 · accession 0001140361-16-054644
BOSTON BEER CO INC · SAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kathleen H Wade
Officer — VP,Legal & Corporate Secretary
Period of report
Feb 23, 2016
Accepted (ET)
Feb 24, 2016 · 1:25 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 | Feb 23, 2016 | M | 160 | $95.09 | A | 10,984 | D | |
| Class A CommonF1 | Feb 23, 2016 | M | 150 | $108.56 | A | 11,134 | D | |
| Class A CommonF1 | Feb 23, 2016 | S | 310 | $191.00 | D | 10,824 | 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 OptionF2 | $95.09 | Feb 23, 2016 | M | 160 | D | Mar 1, 2012 | Dec 31, 2020 | Class A Common Stock | 1,600 | 0 | D |
| Class A Common Stock OptionF3 | $108.56 | Feb 23, 2016 | M | 150 | D | Mar 1, 2013 | Dec 31, 2021 | Class A Common Stock | 1,500 | 450 | D |
Explanation of responses
- F1The shares reported include 750 shares of restricted stock subject to vesting conditions.
- F2The option vested in five equal installments; the first on March 1, 2012, and the final vesting on January 1, 2016.
- F3The option vests in five equal installments; the first on March 1, 2013, and the final vesting on January 1, 2017, subject to the Reporting Person remaining employed by the Issuer on the applicable vesting date.