SEC Form 4 · accession 0001140361-16-064108
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
May 6, 2016
Accepted (ET)
May 9, 2016 · 5:27 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 CommonF2 | May 6, 2016 | M | 3,209 | $95.09 | A | 3,646 | D | |
| Class A CommonF1,F2 | May 6, 2016 | S | 3,209 | $155.08 | D | 437 | 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 | May 6, 2016 | M | 3,209 | D | Jan 1, 2016 | Dec 31, 2020 | Class A Common | 80,000 | 67,991 | 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 3,209 shares is from $155.00 to $155.49. 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 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.