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OMB APPROVAL
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OMB Number 3235-0287
Expires: December 31, 2001
Estimated average burden
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
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(f) of the Investment Company Act of 1940
[ ] Check this box if no longer subject of Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person
Cummin III, Pearson C.
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(Last) (First) (Middle)
c/o Consumer Venture Partners
Three Pickwick Plaza
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(Street)
Greenwich, CT 06830
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Boston Beer Company (SAM)
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
November 1999
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[X ] Director [ ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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7. Individual or Joint/Group Filing (Check Applicable Line)
[X ] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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Common Stock 11/23/99 J(1) 158,820 D N/A 2,293 I (2)
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Common Stock 11/23/99 J(3) 9,785 A N/A 61,630 D
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Common Stock 11/23/99 J(4) 17,275 D N/A I (2)
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Common Stock 11/23/99 J(5) 3,175 A N/A D
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Common Stock 11/23/99 J(6) 1,990 A N/A I (2)
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Common Stock 11/23/99 J(7) 303 A N/A I (2)
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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9. 10.
Number Owner-
of ship
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
of Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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Explanation of Responses:
(1) Distribution by Consumer Venture Partners I, L.P. ("CVP") of 123,682 shares to its Limited Partners and 35,138 shares to its
General Partner.
(2) Reflects 0 shares held by CVP, 0 shares held by Consumer Venture Associates, L.P. ("CVA") and 0 shares held by CMK
Associates, L.P. ("CMK")and 2,293 shares held by CVG PSPT (see below). Mr. Cummin is a General Partner of CVA. CVA is the
sole General Partner of CVP. Mr. Cummin and a profit sharing plan in which Mr. Cummin has an interest ("CVG PSPI") are also
each general partners of CMK. Due to Mr. Cummin's relationship with CVP, CVA and CMK he may be deemed to benefically own the
shares. Mr. Cummin disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest.
(3) Distribution by CVA to Mr. Cummin.
(4) Distribution by CMK to CMK partners.
(5) Distribution by CMK to Mr. Cummin.
(6) Distribution by CMK to CVG PSPT for benefit of Mr. Cummin.
(7) Distribution by CMK to CVG PSPT, of which Mr. Cummin is a trustee.
/s/Pearson C. Cummin III December 9, 1999
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**Signature of Reporting Person Date
** 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 provided is insufficient, see Instruction 6 for procedures.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form
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