SEC Form 4 · accession 0001140361-16-056494
BOSTON BEER CO INC · SAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Geist
Officer — Chief Sales Officer
Period of report
Mar 4, 2016
Accepted (ET)
Mar 4, 2016 · 11:23 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,F2 | Mar 4, 2016 | M | 7,251 | $95.09 | A | 7,838 | D | |
| Class A CommonF1,F2 | Mar 4, 2016 | S | 7,251 | $200.00 | D | 587 | 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 | $95.09 | Mar 4, 2016 | M | 7,251 | D | Jan 1, 2016 | Dec 31, 2020 | Class A Common | 80,000 | 40,000 | D |
Explanation of responses
- F1The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 9, 2015.
- F2The shares reported include 437 shares of restricted stock subject to vesting conditions.
- F3The option vests in five installments; the first vested on January 1, 2016. The remaining installments will vest on January 1 in each of the years 2017-2020, provided that the Reporting Person remains employed by the Issuer on the applicable vesting dates.