Sec Form 4 Filing - ROPER MARTIN F @ BOSTON BEER CO INC - 2018-01-23

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
ROPER MARTIN F
2. Issuer Name and Ticker or Trading Symbol
BOSTON BEER CO INC [ SAM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President and C.E.O.
(Last) (First) (Middle)
C/O THE BOSTON BEER COMPANY, INC., ONE DESIGN CENTER PLACE, SUITE 850
3. Date of Earliest Transaction (MM/DD/YY)
01/23/2018
(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 01/23/2018 M( 1 ) 10,000 A $ 119.7 42,273 D
Class A Common 01/23/2018 S( 1 ) 600 D $ 186.33 ( 2 ) 41,673 D
Class A Common 01/23/2018 S( 1 ) 900 D $ 187.49 ( 3 ) 40,773 D
Class A Common 01/23/2018 S( 1 ) 1,100 D $ 188.35 ( 4 ) 39,673 D
Class A Common 01/23/2018 S( 1 ) 900 D $ 189.08 ( 5 ) 38,773 D
Class A Common 01/23/2018 S( 1 ) 5,492 D $ 190.51 ( 6 ) 33,281 D
Class A Common 01/23/2018 S( 1 ) 1,008 D $ 191.3 ( 7 ) 32,273 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 $ 119.7 01/23/2018 M( 1 ) 10,000 01/01/2018( 8 ) 12/31/2018 Class A Common 10,000 $ 0 30,773 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ROPER MARTIN F
C/O THE BOSTON BEER COMPANY, INC.
ONE DESIGN CENTER PLACE, SUITE 850
BOSTON, MA02210
X President and C.E.O.
Signatures
Michael G. Andrews under POA for the benefit of Martin F. Roper 01/24/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 3, 2017. The Rule 10b5-1 trading plan and the transactionscontemplated thereby were approved by unanimous consent of the Class B Stockholders of the Company.
( 2 )The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 600 shares is from $185.80 to $186.75. 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.
( 3 )The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 900 shares is from $186.80 to $187.75. 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.
( 4 )The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,100 shares is from $187.80 to $188.75. 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.
( 5 )The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 900 shares is from $188.83 to $189.65. 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.
( 6 )The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 5,492 shares is from $190.05 to $191.00. 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.
( 7 )The price shown is the weighted average sale price for the transactions reported on this line. The range of sale prices for the 1,008 shares is from $191.05 to $191.75. 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.
( 8 )The option vested in five equal installments: the first on January 1, 2014, and the final installment vested on January 1, 2018. All options are subject to earlier expiration based on certain contingencies.

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