SEC Form 4 · accession 0001214659-15-002346
MOLSON COORS BEVERAGE CO · TAP-A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Simon Cox
Officer — Pres&CEO, Molson Coors Europe
Period of report
Mar 12, 2015
Accepted (ET)
Mar 16, 2015 · 5:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000024545
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common Stock | Mar 12, 2015 | A | 291 | $0.00 | A | 12,814 | D | |
| Class B Common Stock | Mar 12, 2015 | F | 1,425 | $75.67 | D | 11,389 | D | |
| Class B Common Stock | Mar 12, 2015 | M | 4,000 | $37.18 | A | 15,389 | D | |
| Class B Common Stock | Mar 12, 2015 | F | 2,922 | $75.67 | D | 12,467 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F4 | $37.18 | Mar 12, 2015 | M | 4,000 | D | — | Mar 15, 2015 | Class B Common Stock | 4,000 | 0 | D |
Explanation of responses
- F1Represents shares of Class B common stock issued to the reporting person upon vesting of performance units (PUs) granted on March 12, 2012 under the Molson Coors Brewing Company Incentive Compensation Plan. The PUs vested in accordance with their terms upon the achievement of certain specified performance goals applicable to such PUs.
- F2Represents shares of Class B common stock withheld by the issuer to cover tax withholding obligations for the reporting person upon the vesting of the PUs and restricted stock units previously granted to the reporting person.
- F3Represents shares of Class B common stock surrendered by the reporting person to the issuer to cover the exercise price and tax withholding obligations upon exercise of the stock options.
- F4The options were granted on March 15, 2005 and vested in equal annual installments over a three year period.