SEC Form 4 · accession 0001140361-16-078371
BOSTON BEER CO INC · SAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin F Roper
Officer — President and C.E.O. · Director
Period of report
Aug 30, 2016
Accepted (ET)
Aug 31, 2016 · 4:12 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 Common | Aug 30, 2016 | M | 10,000 | $43.55 | A | 15,273 | D | |
| Class A CommonF2 | Aug 30, 2016 | S | 1,800 | $184.14 | D | 13,473 | D | |
| Class A CommonF3 | Aug 30, 2016 | S | 1,990 | $185.07 | D | 11,483 | D | |
| Class A CommonF4 | Aug 30, 2016 | S | 1,400 | $186.63 | D | 10,083 | D | |
| Class A CommonF5 | Aug 30, 2016 | S | 710 | $187.35 | D | 9,373 | D | |
| Class A CommonF6 | Aug 30, 2016 | S | 400 | $188.82 | D | 8,973 | D | |
| Class A CommonF7 | Aug 30, 2016 | S | 700 | $189.66 | D | 8,273 | 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 OptionF1 | $43.55 | Aug 30, 2016 | M | 10,000 | D | Aug 13, 2013 | Aug 11, 2017 | Class A Common | 180,000 | 157,157 | 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 July 29, 2016. The Rule 10b5-1 trading plan and the transactions contemplated thereby were approved by unanimous consent of the Class B Stockholders of the Company.
- F2The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,800 shares is from $183.65 to $184.64. 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 1,990 shares is from $184.76 to $185.35. 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 price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,400 shares is from $186.06 to $187.00. 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.
- F5The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 710 shares is from $187.14 to $187.52. 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.
- F6The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 400 shares is from $188.55 to $189.00. 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.
- F7The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 700 shares is from $189.63 to $189.85. 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.