SEC Form 4 · accession 0001140361-16-081269
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 29, 2016
Accepted (ET)
Sep 30, 2016 · 5:38 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 29, 2016 | M | 5,000 | $43.55 | A | 37,273 | D | |
| Class A CommonF2 | Sep 29, 2016 | S | 1,400 | $149.47 | D | 35,873 | D | |
| Class A CommonF3 | Sep 29, 2016 | S | 1,178 | $150.84 | D | 34,695 | D | |
| Class A CommonF4 | Sep 29, 2016 | S | 2,222 | $151.86 | D | 32,473 | D | |
| Class A Common | Sep 29, 2016 | S | 200 | $152.27 | 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 29, 2016 | M | 5,000 | D | Aug 13, 2013 | Aug 11, 2017 | Class A Common | 180,000 | 7,157 | 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 1,400 shares is from $148.96 to $149.83. 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 1,178 shares is from $150.24 to $151.18. 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 2,222 shares is from $151.24 to $152.23. 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.