SEC Form 4 · accession 0001140361-16-080489
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 21, 2016
Accepted (ET)
Sep 22, 2016 · 9:22 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 | Sep 21, 2016 | M | 5,000 | $43.55 | A | 37,273 | D | |
| Class A CommonF2 | Sep 21, 2016 | S | 301 | $147.79 | D | 36,972 | D | |
| Class A CommonF3 | Sep 21, 2016 | S | 1,404 | $148.80 | D | 35,568 | D | |
| Class A CommonF4 | Sep 20, 2016 | S | 865 | $150.10 | D | 34,703 | D | |
| Class A CommonF5 | Sep 21, 2016 | S | 1,827 | $151.27 | D | 32,876 | D | |
| Class A CommonF6 | Sep 21, 2016 | S | 500 | $152.09 | D | 32,376 | D | |
| Class A CommonF7 | Sep 21, 2016 | S | 103 | $153.20 | D | 32,273 | 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 21, 2016 | M | 5,000 | D | Aug 13, 2013 | Aug 11, 2017 | Class A Common | 180,000 | 37,157 | 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 301 shares is from $147.40 to $148.14. 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 1,404 shares is from $148.44 to $149.32. 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 865 shares is from $149.74 to $150.53. 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 1,827 shares is from $150.91 to $151.67. 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 500 shares is from $151.94 to $152.28. 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 103 shares is from $153.20 to $153.25. 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.