SEC Form 4 · accession 0001140361-16-059227
BOSTON BEER CO INC · SAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert P Pagano
Officer — VP, Brand Development
Period of report
Mar 28, 2016
Accepted (ET)
Mar 29, 2016 · 10:30 am 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 | Mar 28, 2016 | M | 6,000 | $86.78 | A | 6,000 | D | |
| Class A CommonF2 | Mar 28, 2016 | S | 3,000 | $187.41 | D | 3,000 | D | |
| Class A Common | Mar 28, 2016 | S | 3,000 | $191.00 | D | 0 | 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 | $86.78 | Mar 28, 2016 | M | 6,000 | D | Mar 11, 2014 | Mar 10, 2021 | Class A Common | 40,000 | 8,000 | 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 February 24, 2016.
- F2The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 3,000 shares is from $187.00 to $187.99. 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 Reporting Person had 13,000 shares vest on March 11 in each of the years 2014, 2015, and 2016.