SEC Form 4 · accession 0001214659-16-008996
MOLSON COORS BEVERAGE CO · TAP-A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter H Coors
Director · 10% Owner · Other
Period of report
Jan 20, 2016
Accepted (ET)
Jan 22, 2016 · 3:30 pm EST
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 StockF2 | Nov 13, 2015 | G | 3,000 | $0.00 | D | 204,719 | D | |
| Class B Common Stock | Jan 20, 2016 | M | 67,152 | $45.79 | A | 271,871 | D | |
| Class B Common Stock | Jan 20, 2016 | F | 48,668 | $86.27 | D | 223,203 | D | |
| Class B Common Stock | holding | — | — | — | 13,536,806 | I | by Adolph Coors Company LLC | |
| Class B common StockF5 | holding | — | — | — | 77,780 | I | by Marilyn E & Peter H Coors, Co-Trustees of Peter H Coors 2012 Grantor Retained Annuity Trust XII | |
| Class B Common Stock | holding | — | — | — | 9,163 | I | by Marilyn E & Peter H Coors, Co-Trustees of Peter H Coors 2013 Grantor Retained Annuity Trust XIII | |
| Class B Common Stock | holding | — | — | — | 13,573 | I | by Marilyn E & Peter H Coors, Co-Trustees of Peter H Coors 2013 Grantor Retained Annuity Trust XIV | |
| Class B Common Stock | holding | — | — | — | 104,139 | I | by Marilyn E & Peter H Coors, Co-Trustees of Peter H Coors 2013 Grantor Retained Annuity Trust XV | |
| Class B Common Stock | holding | — | — | — | 59,576 | I | by Marilyn E & Peter H Coors, Co-Trustees of Peter H Coors 2013 Grantor Retained Annuity Trust XVI | |
| Class B Common Stock | holding | — | — | — | 64,029 | I | by Marilyn E & Peter H Coors, Co-Trustees of Peter H Coors 2014 Grantor Retained Annuity Trust XVII | |
| Class B Common StockF6 | holding | — | — | — | 84,454 | I | by Marilyn E & Peter H Coors, Co-Trustees of Peter H Coors 2014 Grantor Retained Annuity Trust XIX | |
| Class B Common Stock | holding | — | — | — | 25,988 | I | by Marilyn E & Peter H Coors, Co-Trustees of Peter H Coors 2015 Grantor Retained Annuity Trust XX | |
| Class B Common Stock | holding | — | — | — | 67,918 | I | by Marilyn E & Peter H Coors, Co-Trustees of Peter H Coors 2015 Grantor Retained Annuity Trust XXI | |
| Class B Common Stock | holding | — | — | — | 1,064 | I | by Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF7,F9 | $45.79 | Jan 20, 2016 | M | 67,152 | D | — | May 18, 2007 | Class B Common Stock | 67,152 | 0 | D |
Explanation of responses
- F1Reflects the transfer of 3,000 Class B common stock from the reporting person to a charitable organization.
- F2Reflects the following Class B common stock transfers to the reporting person directly on December 11, 2015: (i) 18,614 shares from Marilyn E. and Peter H. Coors, Co-Trustees of the Peter H. Coors 2012 Grantor Retained Annuity Trust XII; and (ii) 29,883 shares from Marilyn E. and Peter H. Coors, Co-Trustees of the Peter H. Coors 2014 Grantor Retained Annuity Trust XIX.
- F3The reporting person's stock appreciation rights (SOSARs) exercise reported in this Form 4 was effected pursuant to Rule 10b5-1 Trading Plan previously adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
- F4Represents (a) a deemed sale of 35,643 shares of Class B common stock to the issuer to cover the exercise price of the stock only stock appreciation rights (SOSARS) and (b) 13,025 shares of Class B common stock withheld in lieu of cash payment for applicable taxes in connection with the exercise of the SOSARS.
- F5Reflects the transfer of 18,614 shares of Class B common stock on December 11, 2015 from Marilyn E. and Peter H. Coors, Co-Trustees of the Peter H. Coors 2012 Grantor Retained Annuity Trust XII to the reporting person.
- F6Reflects the transfer of 29,883 Class B common stock on December 11, 2015 from Marilyn E. and Peter H. Coors, Co-Trustees of the Peter H. Coors 2014 Grantor Retained Annuity Trust XIX to the reporting person.
- F7As adjusted to give effect to the 2-for-1 stock split that occurred on October 3, 2007.
- F8The exercise of the SOSARs results in the expiration of the tandem employee stock options.
- F9The SOSARS vested in full on the third anniversary of the grant date.