SEC Form 4
FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol BOSTON BEER CO INC [ SAM ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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3. Date of Earliest Transaction (Month/Day/Year) 03/10/2017 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Class A Common | 03/10/2017 | S(1) | 2,468 | D | $146.8(2) | 6,032 | I | By Foundation managed by Reporting Person's Spouse | ||
Class A Common | 03/10/2017 | S(1) | 400 | D | $147.68(3) | 5,632 | I | By Foundation managed by Reporting Person's Spouse | ||
Class A Common | 03/10/2017 | S(1) | 2,288 | D | $149.14(4) | 3,344 | I | By Foundation managed by Reporting Person's Spouse | ||
Class A Common | 03/10/2017 | S(1) | 424 | D | $149.69(5) | 2,920 | I | By Foundation managed by Reporting Person's Spouse | ||
Class A Common | 03/10/2017 | S(1) | 820 | D | $151.82(6) | 2,100 | I | By Foundation managed by Reporting Person's Spouse | ||
Class A Common | 03/10/2017 | S(1) | 100 | D | $152.55 | 2,000 | I | By Foundation managed by Reporting Person's Spouse | ||
Class A Common | 27,437 | I | By LLC managed by Reporting Person(7) | |||||||
Class A Common | 23,486 | I | By spouse as custodian for children under UGTMA | |||||||
Class A Common | 3,656 | I | Custodian for children under UGTMA | |||||||
Class A Common | 2,532 | I | As trustee in trust for children | |||||||
Class A Common | 44,248 | I | By LLC managed by Reporting Person(8) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. The shares are held by a Foundation managed by the Reporting Person's Spouse. The Reporting Person serves on the Board of Directors of the Foundation, but expressly disclaims beneficial ownership of the shares. |
2. The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 2,468 shares is from $146.45 to $147.40. 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. |
3. The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 400 shares is from $147.45 to $147.95. 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. |
4. The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 2,288 shares is from $148.50 to $149.45. 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. |
5. The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 424 shares is from $149.50 to $149.80. 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. |
6. The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 820 shares is from $151.50 to $152.20. 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. |
7. The shares are held by West Summit Grand LLC, a limited liability company managed by the Reporting Person. The Reporting Person expressly disclaims beneficial ownership of the securities except to the extent of her pecuniary interest therein. |
8. The shares are held by an LLC managed by the Reporting Person and owned by Trusts established for the benefit of the Reporting Person's children and the Reporting Person's spouse's children. The Reporting Person is the Trustee or Co-Trustee for each Trust. |
Michael G. Andrews under POA for the benefit of Cynthia A. Fisher | 03/13/2017 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |