SEC Form 4 · accession 0001214659-16-012965
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
Aug 1, 2016
Accepted (ET)
Aug 3, 2016 · 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 | Aug 1, 2016 | M | 33,576 | $45.79 | A | 283,356 | D | |
| Class B Common Stock | Aug 1, 2016 | F | 23,784 | $100.85 | D | 259,572 | D | |
| Class B Common Stock | holding | — | — | — | 13,536,806 | I | by Adolph Coors Company LLC | |
| Class B Common Stock | 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 | — | — | — | 3,376 | 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 as 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 2015 Grantor Retained Annuity Trust XV | |
| Class B Common Stock | holding | — | — | — | 59,576 | I | by Marilyn E & Peter H Coors as Co-Trustees of Peter H Coors 2013 Grantor Retained Annuity Trust XVI | |
| Class B Common Stock | holding | — | — | — | 50,825 | I | by Marilyn E & Peter H Coors Co-Trustees of Peter H Coors 2014 Grantor Retained Annuity Trust XVII | |
| Class B Common Stock | 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 | — | — | — | 18,748 | 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 RightF3,F5 | $45.79 | Aug 1, 2016 | M | 33,576 | D | — | May 18, 2017 | Class B Common Stock | 33,576 | 0 | D |
Explanation of responses
- F1The reporting person's 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.
- F2Represents shares of Class B common stock withheld by the issuer to cover the exercise price of the stock only stock appreciation rights (SOSARS) and to cover tax withholding obligations in connection with the exercise of the SOSARS.
- F3As adjusted to give effect to the 2-for-1 stock split that occurred on October 3, 2007.
- F4The exercise of the SOSARS results in the expiration of the tandem employee stock options.
- F5The SOSARS vested in full on the third anniversary of the grant date.