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 |
|
|||||||||||||||
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. |
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)
|
||||||||||||||||||||||||
3. Date of Earliest Transaction
(Month/Day/Year) 08/10/2023 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
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 | 08/10/2023 | S(1) | 931 | D | $359.59(2) | 94,020 | I | By Limited Partnership managed by Reporting Person | ||
Class A Common | 08/10/2023 | S(1) | 4,482 | D | $360.91(3) | 89,538 | I | By Limited Partnership managed by Reporting Person | ||
Class A Common | 08/10/2023 | S(1) | 3,969 | D | $361.79(4) | 85,569 | I | By Limited Partnership managed by Reporting Person | ||
Class A Common | 08/10/2023 | S(1) | 2,137 | D | $362.79(5) | 83,432 | I | By Limited Partnership managed by Reporting Person | ||
Class A Common | 08/10/2023 | S(1) | 978 | D | $363.9(6) | 82,454 | I | By Limited Partnership managed by Reporting Person | ||
Class A Common | 08/10/2023 | S(1) | 212 | D | $365.19(7) | 82,242 | I | By Limited Partnership managed by Reporting Person | ||
Class A Common | 08/10/2023 | S(1) | 192 | D | $365.65(8) | 82,050 | I | By Limited Partnership managed by Reporting Person | ||
Class A Common | 08/11/2023 | S(1) | 1,371 | D | $353.72(9) | 80,679 | I | By Limited Partnership managed by Reporting Person | ||
Class A Common | 08/11/2023 | S(1) | 1,489 | D | $354.78(10) | 79,190 | I | By Limited Partnership managed by Reporting Person | ||
Class A Common | 08/11/2023 | S(1) | 2,573 | D | $355.74(11) | 76,617 | I | By Limited Partnership managed by Reporting Person | ||
Class A Common | 08/11/2023 | S(1) | 1,488 | D | $356.66(12) | 75,129 | I | By Limited Partnership managed by Reporting Person | ||
Class A Common | 08/11/2023 | S(1) | 4,670 | D | $357.83(12) | 70,459 | I | By Limited Partnership managed by Reporting Person | ||
Class A Common | 08/11/2023 | S(1) | 2,508 | D | $358.44(13) | 67,951 | I | By Limited Partnership managed by Reporting Person | ||
Class A Common | 14,040 | D | ||||||||
Class A Common | 102,284 | I | By Family Trust | |||||||
Class A Common | 99,430 | I | By Dynasty Trust | |||||||
Class A Common | 27,165 | I | By Trust for the Reporting Person's daughter | |||||||
Class A Common | 27,165 | I | By Trust for the Reporting Person's son |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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. This transaction represents the sale of shares owned by a Limited Partnership managed by the Reporting Person. |
2. The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 931 shares is from $359.27 to $360.25. 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 4,482 shares is from $360.28 to $361.27. 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 3,696 shares is from $361.29 to $362.28. 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 2,137 shares is from $362.31 to $363.30. 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 978 shares is from $363.32 to $364.30. 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 price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 212 shares is from $364.36 to $365.32. 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. |
8. The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 192 shares is from $365.50 to $365.67. 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. |
9. The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,371 shares is from $353.20 to $$354.19. The Filing Person will provide full information regarding the number of shares sold at each separate price upon request of the SEC, the Registrant, or a shareholder of the Registrant. |
10. The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,489 shares is from $354.21 to $$355.20. 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. |
11. The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 2,573 shares is from $355.21 to $356.14. 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. |
12. The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 4,670 shares is from $357.26 to $358.21. 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. |
13. The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 2,508 shares is from $358.26 to $358.85. 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. |
Remarks: |
Michael G. Andrews under POA for the benefit of Samuel A. Calagione, III | 08/14/2023 | |
** 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. |