SEC Form 4 · accession 0001562180-18-001928
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
Apr 18, 2018
Accepted (ET)
Apr 19, 2018 · 4:08 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 CommonF2 | Apr 18, 2018 | M | 1,000 | $95.09 | A | 2,878 | D | |
| Class A CommonF2 | Apr 18, 2018 | S | 1,000 | $225.00 | D | 1,878 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4,F3 | $95.09 | Apr 18, 2018 | M | 1,000 | D | Jan 1, 2016 | Dec 31, 2020 | Class A Common | 1,000 | 18,372 | 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 November 13, 2017.
- F2The shares reported include 1,094 shares of restricted stock subject to vesting conditions.
- F3The option vests in five annual installments: the first on January 1, 2016, and the final vesting on January 1, 2020, provided that the Reporting Person remains employed by the Issuer on the applicable vesting dates.
- F4These securities include unvested stock options.