SEC Form 4 · accession 0001562180-19-001383
BOSTON BEER CO INC · SAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Quincy B Troupe
Officer — Senior VP, Supply Chain
Period of report
Feb 25, 2019
Accepted (ET)
Feb 25, 2019 · 6:12 pm EST
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,F3 | Feb 25, 2019 | S | 315 | $302.79 | D | 2,880 | D | |
| Class A CommonF3 | Feb 25, 2019 | S | 142 | $307.69 | D | 2,738 | D | |
| Class A CommonF3 | Feb 25, 2019 | M | 4,483 | $192.26 | A | 7,221 | D | |
| Class A CommonF4,F3 | Feb 25, 2019 | S | 1,826 | $302.91 | D | 5,395 | D | |
| Class A CommonF5,F3 | Feb 25, 2019 | S | 107 | $303.84 | D | 5,288 | D | |
| Class A CommonF6,F3 | Feb 25, 2019 | S | 1,242 | $305.42 | D | 4,046 | D | |
| Class A CommonF3 | Feb 25, 2019 | S | 208 | $306.08 | D | 3,838 | D | |
| Class A CommonF7,F3 | Feb 25, 2019 | S | 1,100 | $307.63 | D | 2,738 | 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)F8 | $192.26 | Feb 25, 2019 | M | 4,483 | D | Feb 23, 2019 | Feb 22, 2026 | Class A Common | 4,483 | 0 | 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 October 30, 2018.
- F2The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 315 shares is from $302.46 to $303.45. 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 shares reported include 843 shares of restricted stock subject to vesting conditions.
- F4The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,826 shares is from $302.46 to $303.40. 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 107 shares is from $303.58 to $303.86 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 1,242 shares is from $305.00 to $305.57. 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 1,100 shares is from $307.08 to $307.69. 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.
- F8The option vests in five annual installments: the first on February 23, 2019, and the final vesting on February 23, 2023, provided that the Reporting Person remains employed by the Issuer on the applicable vesting dates.