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BOSTON BEER CO INC — Director's Dealing 2016
Jun 13, 2016
31558_dirs_2016-06-13_fe1ba624-ef3a-444b-8621-d4b7f1a222d5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BOSTON BEER CO INC (SAM)
CIK: 0000949870
Period of Report: 2016-06-10
Reporting Person: Geist John C (Chief Sales Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-06-10 | Class A Common | M | 3991 | $95.09 | Acquired | 4428 | Direct |
| 2016-06-10 | Class A Common | S | 545 | $156.98 | Disposed | 3883 | Direct |
| 2016-06-10 | Class A Common | S | 1692 | $158.13 | Disposed | 2191 | Direct |
| 2016-06-10 | Class A Common | S | 1754 | $158.88 | Disposed | 437 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-06-10 | Class A Common Stock Option | $95.09 | M | 3991 | Disposed | 2020-12-31 | Class A Common (80000) | Direct |
Footnotes
F1: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 9, 2016.
F2: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 545 shares is from $156.32 to $157.26. 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.
F3: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,692 shares is from $157.50 to $158.47. 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.
F4: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,754 shares is from $158.50 to $159.49. 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.
F5: The shares reported include 437 shares of restricted stock subject to vesting conditions.
F6: The 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.