UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Amendment No. 3
Under the Securities and Exchange Act of 1934
The Boston Beer Company, Inc.
(Name of Issuer)
Class A Common Stock
(Title of Class of Securities)
100557107
(CUSIP Number)
December 31, 1999
(Date of Event Which Requires Filing of this Statement)
Check the following box to designate the rule pursuant to which this
Schedule is filed:
___ Rule 13d-1(b)
___ Rule 13d-1(c)
_X_ Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Consumer Venture Partners I, L.P.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
Number 5 SOLE VOTING POWER
of shares
benefic-
ially 0
owned
by each
reporting
person
with
6 SHARED VOTING POWER
0
7 SOLE DISPOSITIVE POWER
0
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
12 TYPE OF REPORTING PERSON
PN
<PAGE>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Consumer Venture Associates I, L.P.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
Number 5 SOLE VOTING POWER
of shares
benefic-
ially 0
owned
by each
reporting
person
with
6 SHARED VOTING POWER
0
7 SOLE DISPOSITIVE POWER
0
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
12 TYPE OF REPORTING PERSON
PN
<PAGE>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Pearson C. Cummin, III
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
Number 5 SOLE VOTING POWER
of shares
benefic-
ially 73,923
owned
by each
reporting
person
with
6 SHARED VOTING POWER
0
7 SOLE DISPOSITIVE POWER
73,923
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
73,923
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.5%
12 TYPE OF REPORTING PERSON
IN
<PAGE>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Christopher P. Kirchen
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
Number 5 SOLE VOTING POWER
of shares
benefic-
ially 0
owned
by each
reporting
person
with
6 SHARED VOTING POWER
0
7 SOLE DISPOSITIVE POWER
0
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
12 TYPE OF REPORTING PERSON
IN
<PAGE>
Item 1(a) Name of Issuer:
The Boston Beer Company, Inc.
Item 1(b) Address of Issuer's principal executive offices:
75 Arlington Street
Boston, MA 02116
Item 2(a) Name of person filing:
Consumer Venture Partners I, L.P. ("CVP I")
Consumer Venture Associates I, L.P. ("Consumer Associates")
Pearson C. Cummin, III
Christopher P. Kirchen.
Messrs. Cummin and Kirchen (collectively, the "General
Partners") are the general partners of Consumer Associates,
the sole general partner of CVP I.
Item 2(b) Address of principal business office or, if none, residence:
75 Arlington Street
Boston, MA 02116
Item 2(c) Citizenship:
U.S.A.
Item 2(d) Title of class of securities:
Class A Common Stock
Item 2(e) CUSIP Number:
100557107
Item 3 If Statement filed pursuant to Rule 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
(a) |_| Broker or dealer registered under section 15
of the Act (15 U.S.C. 78o).
(b) |_| Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c).
(c) |_| Insurance company as defined in section 3(a)(19)
of the Act (5 U.S.C. 78c).
(d) |_| Investment company registered under section 8
of the Investment Company Act (15 U.S.C. 80a-8).
(e) |_| An investment adviser in accordance with
section 240.13d-1(b)(1)(ii)(E);
(f) |_| An employee Benefit Plan, Pension Fund or
Endowment Fund in accordance with Section
240.13d-1(b)(1)(ii)(F);
<PAGE>
(g) |_| A parent holding company or control person
in accordance with Section
240.13d-1(b)(1)(ii)(G);
(h) |_| A savings associations as defined in Section 3(b)
of the Federal Deposit Insurance Act
(12 U.S.C. 1813);
(i) |_| A church plan that is excluded from the
definition of an investment company under
section 3(c)(14) of the Investment Company
Act of 1940 (15 U.S.C. 80a-3);
(j) |_| Group, in accordance with Section
240.13d-1(b)(1)(ii)(J);
Item 4 Ownership:
(a) Amounts beneficially owned:
Neither of CVP I or Consumer Associates (individually
an "Entity" and collectively the "Entities") any
longer beneficially owns shares of the Class A
Common Stock as of December 31, 1999. Mr. Cummin
directly owns 61,630 shares of Class A Common Stock.
Additionally, a profit sharing plan of which Mr.
Cummin is a trustee owns 2,293 shares. As well,
Mr. Cummin has options to purchase 10,000 shares of
Class A Common Stock, which options are presently
exercisable. Thus, Mr. Cummin may be deemed to
own beneficially 12,293 shares of Class A Common
Stock. Mr. Cummin expressly disclaims beneficial
ownership of these shares.
(b) Percent of class:
CVP I: 0.0%; Consumer Associates: 0.0%; each of the
General Partners (with the exception of Mr. Cummin
who may be deemed to beneficially own 0.5%): 0.0%.
The foregoing percentages are calculated based on the
16,425,295 shares of Class A Common Stock reported
to be outstanding as of November 8, 1999 on the
Issuer's Form 10-Q for the quarer ending
September 25, 1999.
(c) Number of shares as to which such person has:
(i) Mr. Cummin: 73,923 shares. 0 shares for all other
reporting persons.
(ii) Shared power to vote or to direct the vote:
CVP I: 0 shares; Consumer Associates: 0 shares;
each of the General Partners: 0 shares.
(iii) Sole power to dispose or to direct the disposition
of:
Mr. Cummin 73,923 shares. 0 shares for all other
reporting persons.
(iv) Shared power to dispose or to direct the disposition
of:
CVP I: 0 shares; Consumer Associates 0 shares;
each of the General Partners: 0 shares.
<PAGE>
Item 5 Ownership of 5% or Less of a Class.
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following |X|.
Item 6 Ownership of More than 5% on Behalf of Another Person.
Not applicable.
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company.
Not applicable.
Item 8 Identification and Classification
of Members of the Group: |_| EXHIBIT ATTACHED
Not applicable.
Item 9 Notice of Dissolution of Group: |_| EXHIBIT ATTACHED
Not applicable.
Item 10 Certification: |_| EXHIBIT ATTACHED
Not applicable.
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: February 14, 1999 Consumer Venture Partners I, L.P.
By: Consumer Venture Associates I, L.P.
By: /s/Pearson C. Cummin, III
Pearson C. Cummin III
General Partner
Consumer Venture Associates I, L.P.
By: /s/Pearson C. Cummin, III
Pearson C. Cummin III
General Partner
By: /s/Pearson C. Cummin, III
Pearson C. Cummin III
*
____________________________
Christopher P. Kirchen
*By: /s/Pearson C. Cummin, III
Pearson C. Cummin III
Attorney-in-Fact
<PAGE>
This Schedule 13G was executed by Pearson C. Cummin III pursuant to Powers of
Attorney filed with the Securities and Exchange Commission on February 16, 1993,
in connection with a Schedule 13G for Natural Wonders, Inc., which Powers of
Attorney are incorporated herein by reference and copies of which are attached
hereto as Exhibit 2.
EXHIBIT I
Pursuant to Rule 13d-1 (k)(1) under the Securities Exchange Act of 1934,
the undersigned hereby agree that only one statement containing the information
required on Schedule 13G need be filed with respectc to ownership by each of the
udnersigned of shares of Class A Common Stock of Boston Beer Company, Inc.
This Agreement may be executed in any number of counterparts, each of which
shall be deemed an original.
Dated: February 12, 1999
CONSUMER VENTURE PARTNERS I. L.P.
By: Consumer Venture Associates, L.P.
By: /s/Pearson C. Cummin, III
Pearson C. Cummin, III
General Partner
CONSUMER VENTURE ASSOCIATES, L.P.
By: /s/Pearson C. Cummin, III
Pearson C. Cummin, III
General Partner
/s/Pearson C. Cummin, III
Pearson C. Cummin, III
*
______________________
Christopher P. Kirchen
*By
/s/Pearson C. Cummin, III
Pearson C. Cummin, III
Attorney-in-Fact
This Agreement was executed pursuant to Powers of Attorney filed with the
Securities and Exchange Commission on February 16, 1993, in connection with a
Schedule 13G for Natural Wonders, Inc., which Powers of Attorney are
incorporated herein by reference and copies of which are attached hereto as
Exhibit 2.
EXHIBIT II
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below hereby constitutes and appoints Pearson C. Cummin, III and Christopher P.
Kirchen, and each of them, with full power to act without the other, his true
and lawful attorney-in-fact, with full power of substitution, to sign any and
all instruments, certificates and documents that may be necessary, desirable or
appropriate to be executed on behalf of himself as an individual or in his
capacity as a general partner of any partnership, pursuant to Section 13 or 16
of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and any
and all regulations promulgated thereunder, and to file the same, with all
exhibits thereto, and any other documents in connection therewith, with the
Securities and Exchange Commission, and with any other entity when and if such
is mandated by the Exchange Act or by the By-Laws of the National Association of
Securities Dealers, Inc., granting unto said attorney-in-fact full powera nd
authority to do so and perform each and every act and thing necessary, desirable
or appropriate, fully to all intends and purposes as he might or could do in
person, thereby ratifying and confirming all that said attorney-in-fact, or his
substitutes, may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, this Power of Attorney has been signed as of the
16th day of Feburary, 19993.
/s/ Pearson C. Cummin, III
Pearson C. Cummin, III
/s/ G. Clinton Merrick
G. Clinton Merrick
/s/ Christoper P. Kirchen
Christopher P. Kirchen
The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative other than an executive
officer or general partner of the filing person, evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
