SEC Form 4 · accession 0001140361-16-078933
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
Sep 2, 2016
Accepted (ET)
Sep 6, 2016 · 4:18 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 | Sep 2, 2016 | M | 10,000 | $43.55 | A | 24,273 | D | |
| Class A CommonF2 | Sep 2, 2016 | S | 2,257 | $182.82 | D | 22,016 | D | |
| Class A CommonF3 | Sep 2, 2016 | S | 1,940 | $183.73 | D | 20,076 | D | |
| Class A CommonF4 | Sep 2, 2016 | S | 1,803 | $184.48 | D | 18,273 | D | |
| Class A CommonF5 | Sep 2, 2016 | S | 1,000 | $185.88 | D | 17,273 | 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 | Sep 2, 2016 | M | 10,000 | D | Aug 13, 2013 | Aug 11, 2017 | Class A Common | 180,000 | 127,157 | 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 2,257 shares is from $182.30 to $183.29. 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 1,940 shares is from $183.30 to $184.12. 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 1,803 shares is from $184.30 to $185.10. 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 1,000 shares is from $185.70 to $186.05. 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.