SEC Form 4 · accession 0001562180-19-001406
BOSTON BEER CO INC · SAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Donal Murphy
Officer — Chief Accounting Officer
Period of report
Feb 26, 2019
Accepted (ET)
Feb 26, 2019 · 4:04 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 | Feb 26, 2019 | M | 6,000 | $108.56 | A | 8,029 | D | |
| Class A CommonF2 | Feb 26, 2019 | S | 1,000 | $303.17 | D | 7,029 | D | |
| Class A CommonF3,F2 | Feb 26, 2019 | S | 171 | $305.17 | D | 6,858 | D | |
| Class A CommonF4,F2 | Feb 26, 2019 | S | 4,577 | $306.18 | D | 2,281 | D | |
| Class A CommonF5,F2 | Feb 26, 2019 | S | 222 | $307.77 | D | 2,059 | D | |
| Class A CommonF2 | Feb 26, 2019 | S | 30 | $308.41 | D | 2,029 | 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)F6 | $108.56 | Feb 26, 2019 | M | 6,000 | D | Jan 1, 2017 | Dec 31, 2021 | Class A Common | 6,000 | 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 August 8, 2018.
- F2The shares reported include 721 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 171 shares is from $304.45 to $305.32. 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 4,577 shares is from $305.90 to $306.85. 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 222 shares is from $307.40 to $308.17. 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: the first on January 1, 2017, and the final vesting on January 1, 2021, provided that the Reporting Person remains employed by the Issuer on the applicable vesting dates.