SEC Form 4 · accession 0001562180-17-002541
BOSTON BEER CO INC · SAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L. Grinnell
Officer — Vice President of Brewing
Period of report
Jul 28, 2017
Accepted (ET)
Aug 1, 2017 · 9:01 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 CommonF2 | Jul 28, 2017 | M | 2,628 | $95.09 | A | 5,526 | D | |
| Class A CommonF2 | Jul 28, 2017 | S | 300 | $151.30 | D | 5,226 | D | |
| Class A CommonF3,F2 | Jul 28, 2017 | S | 190 | $153.01 | D | 5,036 | D | |
| Class A CommonF2 | Jul 28, 2017 | S | 10 | $154.10 | D | 5,026 | D | |
| Class A CommonF4,F2 | Jul 28, 2017 | S | 1,728 | $161.50 | D | 3,298 | D | |
| Class A CommonF5,F2 | Jul 28, 2017 | S | 400 | $162.85 | D | 2,898 | 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 OptionF6 | $95.09 | Jul 28, 2017 | M | 2,628 | D | Jan 1, 2016 | Dec 31, 2020 | Class A Common | 2,628 | 22,372 | 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 May 12, 2017.
- F2The shares reported include 439 shares of restricted stock subject to vesting conditions.
- F3The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 190 shares is from $152.80 to $153.20. 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 1,728 shares is from $161.10 to $161.93. 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 400 shares is from $162.70 to $163.00. 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.
- F6The option vests in five annual installments, on January 1 in the years 2016 to 2020, provided that the Reporting Person remains employed by the Company on the applicable vesting dates.