SEC Form 4 · accession 0001140361-16-079536
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 9, 2016
Accepted (ET)
Sep 12, 2016 · 4:36 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 9, 2016 | M | 10,000 | $43.55 | A | 36,273 | D | |
| Class A CommonF2 | Sep 9, 2016 | S | 300 | $173.24 | D | 35,973 | D | |
| Class A CommonF3 | Sep 9, 2016 | S | 1,820 | $174.43 | D | 34,153 | D | |
| Class A CommonF4 | Sep 9, 2016 | S | 1,700 | $175.26 | D | 32,453 | D | |
| Class A CommonF5 | Sep 9, 2016 | S | 1,600 | $176.46 | D | 30,853 | D | |
| Class A CommonF6 | Sep 9, 2016 | S | 1,580 | $177.07 | D | 29,273 | 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 9, 2016 | M | 10,000 | D | Aug 13, 2013 | Aug 11, 2017 | Class A Common | 180,000 | 87,157 | 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 300 shares is from $172.79 to $173.55. 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 1,820 shares is from $173.83 to $174.80. 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 1,700 shares is from $174.84 to $175.81. 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 1,600 shares is from $175.83 to $176.82. 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 1,580 shares is from $176.88 to $177.58. 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.