Sec Form 4 Filing - Mennen J Scott @ CRAFT BREW ALLIANCE, INC. - 2020-09-30

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 Mennen J Scott 2. Issuer Name and Ticker or Trading Symbol CRAFT BREW ALLIANCE, INC. [ BREW] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Operating Officer (Last) (First) (Middle) 929 NORTH RUSSELL STREET 3. Date of Earliest Transaction (MM/DD/YY) 09/30/2020 (Street) PORTLAND, OR97227 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 Common stock 09/30/2020 D 16,446 ( 1 ) D $ 16.5 ( 1 ) 0 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 Restricted Stock Units ( 2 ) 09/30/2020 D 4,756 ( 2 ) ( 2 ) Common stock 4,756 $ 0 ( 2 ) 0 D Employee Stock Option $ 7.54 ( 3 ) 09/30/2020 D 3,710 ( 3 ) 05/22/2023 Common stock 3,710 $ 8.96 ( 3 ) 0 D Employee Stock Option $ 9.41 ( 4 ) 09/30/2020 D 7,000 ( 4 ) 07/19/2023 Common stock 7,000 $ 7.09 ( 4 ) 0 D Employee Stock Option $ 10.7 ( 5 ) 09/30/2020 D 4,545 ( 5 ) 05/20/2024 Common stock 4,545 $ 5.8 ( 5 ) 0 D Employee Stock Option $ 13.1 ( 6 ) 09/30/2020 D 4,316 ( 6 ) 03/13/2025 Common stock 4,316 $ 3.4 ( 6 ) 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Mennen J Scott 929 NORTH RUSSELL STREET PORTLAND, OR97227 Chief Operating Officer Signatures /s/Edwin A. Smith by Power of Attorney for J. Scott Mennen 10/02/2020 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Cancelled upon the completion of the merger contemplated by the Merger Agreement described under "Remarks" below and converted into the right to receive $16.50 per share in cash, without interest. ( 2 )Upon completion of the merger contemplated by the Merger Agreement, each outstanding restricted stock unit was converted, as of the time of the first regularly scheduled payroll date that is at least five business days following completion of the merger (or at such later time as is specified in the Merger Agreement), into the right to receive $16.50 in cash. ( 3 )Upon completion of the merger contemplated by the Merger Agreement, this option, whether vested or unvested, was converted, as of the time of the first regularly scheduled payroll date that is at least five business days following completion of the merger (or at such later time as is specified in the Merger Agreement), into the right to receive a cash payment of $33,241.60, representing the difference between $16.50 and the exercise price of the option, multiplied by the number of shares subject to the option. ( 4 )Upon completion of the merger contemplated by the Merger Agreement, this option, whether vested or unvested, was converted, as of the time of the first regularly scheduled payroll date that is at least five business days following completion of the merger (or at such later time as is specified in the Merger Agreement), into the right to receive a cash payment of $49,630, representing the difference between $16.50 and the exercise price of the option, multiplied by the number of shares subject to the option. ( 5 )Upon completion of the merger contemplated by the Merger Agreement, this option, whether vested or unvested, was converted, as of the time of the first regularly scheduled payroll date that is at least five business days following completion of the merger (or at such later time as is specified in the Merger Agreement), into the right to receive a cash payment of $26,361, representing the difference between $16.50 and the exercise price of the option, multiplied by the number of shares subject to the option. ( 6 )Upon completion of the merger contemplated by the Merger Agreement, this option, whether vested or unvested, was converted, as of the time of the first regularly scheduled payroll date that is at least five business days following completion of the merger (or at such later time as is specified in the Merger Agreement), into the right to receive a cash payment of $14,674.40, representing the difference between $16.50 and the exercise price of the option, multiplied by the number of shares subject to the option.

Remarks: This Form 4 reports securities disposed of pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement'), dated as of November 11, 2019, by and among Craft Brew Alliance, Inc. (the "Company"), Anheuser-Busch Companies, LLC ("ABC") and Barrel Subsidiary, Inc., pursuant to which the Company became a wholly owned subsidiary of ABC on September 30, 2020.

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).

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