Sec Form 4 Filing - Lance Thomas W @ BOSTON BEER CO INC - 2015-03-12

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Lance Thomas W
2. Issuer Name and Ticker or Trading Symbol
BOSTON BEER CO INC [ SAM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP Operations
(Last) (First) (Middle)
C/O THE BOSTON BEER COMPANY, INC., ONE DESIGN CENTER PLACE, SUITE 850
3. Date of Earliest Transaction (MM/DD/YY)
03/12/2015
(Street)
BOSTON, MA02210
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 03/12/2015 M 2,000 A $ 95.09 5,342 ( 1 ) D
Class A Common 03/12/2015 M 2,880 A $ 108.56 8,222 ( 1 ) D
Class A Common 03/12/2015 M 1,820 A $ 134.45 10,042 ( 1 ) D
Class A Common 03/12/2015 S 1,766 D $ 266.12 ( 2 ) 8,276 D
Class A Common 03/12/2015 S 125 D $ 267.01 ( 3 ) 8,151 D
Class A Common 03/12/2015 S 300 D $ 268 7,851 D
Class A Common 03/12/2015 S 970 D $ 269.29 ( 4 ) 6,881 D
Class A Common 03/12/2015 S 698 D $ 270.76 ( 5 ) 6,183 D
Class A Common 03/12/2015 S 328 D $ 271.86 ( 6 ) 5,855 D
Class A Common 03/12/2015 S 1,072 D $ 272.93 ( 7 ) 4,783 D
Class A Common 03/12/2015 S 74 D $ 274.48 ( 8 ) 4,709 D
Class A Common 03/12/2015 S 1,030 D $ 275.73 ( 9 ) 3,679 D
Class A Common 03/12/2015 S 337 D $ 276.66 ( 10 ) 3,342 D
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Class A Common Stock Option $ 95.09 03/12/2015 M 2,000 03/01/2012( 11 ) 12/31/2020 Class A Common 5,000 $ 0 0 D
Class A Common Stock Option $ 108.56 03/12/2015 M 2,880 03/01/2013( 12 ) 12/31/2021 Class A Common 4,800 $ 0 1,920 D
Class A Common Stock Option $ 134.45 03/12/2015 M 1,820 03/01/2014( 13 ) 12/31/2022 Class A Common 4,725 $ 0 70 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lance Thomas W
C/O THE BOSTON BEER COMPANY, INC.
ONE DESIGN CENTER PLACE, SUITE 850
BOSTON, MA02210
VP Operations
Signatures
Kathleen Wade under POA for the benefit of Thomas W. Lance 03/13/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The shares reported include 487 shares of restricted stock subject to vesting conditions.
( 2 )The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,766 shares is from $265.53 to $266.50. 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 125 shares is from $266.84 to $267.055. 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 970 shares is from $269.00 to $269.98. 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 698 shares is from $270.05 to $271.00. 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 328 shares is from $271.51 to $272.15. 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 1,072 shares is from $272.53 to $273.37. 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 74 shares is from $274.00 to $274.65. 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 1,030 shares is from $275.28 to $276.20. 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.
( 10 )The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 337 shares is from $276.37 to $276.96. 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 )On 01/01/2011, the Issuer granted the Reporting Person a contingent vesting option of 5,000 shares of Class A Common Stock. The option will vest in five equal installments: The first on on 03/01/2012, the second on 01/01/2013, the third on 01/01/2014, the fourth on 01/01/2015, and the fifth on 01/01/2016.
( 12 )On 01/01/2012, the Issuer granted the Reporting Person a contingent vesting option of 4,800 shares of Class A Common Stock. The option will vest in five equal installments: The first on on 03/01/2013, the second on 01/01/2014, the third on 01/01/2015, the fourth on 01/01/2016, and the fifth on 01/01/2017.
( 13 )On 01/01/2013, the Issuer granted the Reporting Person a contingent vesting option of 4,725 shares of Class A Common Stock. The option will vest in five equal installments: The first on on 03/01/2014, the second on 01/01/2015, the third on 01/01/2016, the fourth on 01/01/2017, and the fifth on 01/01/2018.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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