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BOSTON BEER CO INC — Director's Dealing 2017
Jan 20, 2017
31558_dirs_2017-01-20_4cc1c596-a617-4dd9-a87b-1f6ee6729e47.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: 2017-01-19
Reporting Person: ROPER MARTIN F (Director, President and C.E.O.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-01-19 | Class A Common | M | 10000 | $83.61 | Acquired | 42273 | Direct |
| 2017-01-19 | Class A Common | S | 6200 | $153.23 | Disposed | 36073 | Direct |
| 2017-01-19 | Class A Common | S | 3800 | $154.23 | Disposed | 32273 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-01-19 | Class A Common Stock Option | $83.61 | M | 10000 | Disposed | 2017-12-31 | Class A Common (753864) | 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 November 7, 2016.? The Rule 10b5-1 trading plan and the transactions contemplated thereby were approved by unanimous consent of the Class B Stockholders of the Company.
F2: The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 6,200 shares is from $152.80 to $153.75. 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 3,800 shares is from $153.85 to $154.75. 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 option vested in five equal installments: the first on January 1, 2014, and the final vesting on January 1, 2018. With respect to certain shares, the option expires on December 31, 2018. All options are subject to earlier expiration based on certain contingencies.