UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): | November 9, 2015 |
The Boston Beer Company, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)
Massachusetts | 001-14092 | 04-3284048 |
_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
One Design Center Place, Suite 850, Boston, Massachusetts | 02210 | |
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
Registrants telephone number, including area code: | (617) 368-5000 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
The following Directors and Officers of the Registrant entered into individual sales plans pursuant to Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, for trading in shares of the Registrant’s Class A Common Stock (each, a "10b5-1 Plan"): Martin F. Roper, President, Chief Executive Officer, and Director, and John Geist, Vice President of Sales, each entered into 10b5-1 Plans on November 9, 2015; Robert P. Pagano, Vice President of Brand Development, and Kathleen H. Wade, Vice President-Legal and Corporate Secretary each entered into 10b5-1 Plans on November 13, 2015; and C. James Koch, Founder and Chairman of the Board, entered into a 10b5-1 Plan on November 16, 2015. The maximum number of shares that may be sold pursuant to these 10b5-1 Plans is 413,603 shares. The purpose of each of these 10b5-1 Plans is to provide liquidity and investment diversification. Once executed, transactions under each 10b5-1 Plan will be disclosed publicly through Form 4 and/or Form 144 filings with the Securities and Exchange Commission.
On November 16, 2015, the Registrant entered into a 10b5-1 Plan to repurchase up to $61 million in Registrant’s Class A Common Stock during the period commencing December 28, 2015 and ending March 25, 2016.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
The Boston Beer Company, Inc. | ||||
November 18, 2015 | By: |
William F. Urich
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Name: William F. Urich | ||||
Title: Chief Financial Officer |