SEC Form 4 · accession 0001214659-16-014951
MOLSON COORS BEVERAGE CO · TAP-A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tracey Joubert
Officer — Chief Financial Officer
Period of report
Nov 21, 2016
Accepted (ET)
Nov 23, 2016 · 5:36 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 StockF1 | Nov 21, 2016 | A | 12,010 | $0.00 | A | 12,010 | 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)F3,F2 | $73.08 | Nov 21, 2016 | A | 3,303 | A | — | Jan 1, 2022 | Class B Common Stock | 3,303 | 3,303 | D |
| Employee Stock Option (Right to Buy)F3,F4 | $54.53 | Nov 21, 2016 | A | 2,771 | A | — | Feb 13, 2024 | Class B Common Stock | 2,771 | 2,771 | D |
| Employee Stock Option (Right to Buy)F3,F4 | $67.26 | Nov 21, 2016 | A | 1,399 | A | — | Feb 13, 2024 | Class B Common Stock | 1,399 | 1,399 | D |
| Employee Stock Option (Right to Buy)F3,F5 | $73.00 | Nov 21, 2016 | A | 4,301 | A | — | Feb 11, 2025 | Class B Common Stock | 4,301 | 4,301 | D |
| Employee Stock Option (Right to Buy)F3,F5 | $86.45 | Nov 21, 2016 | A | 2,782 | A | — | Feb 11, 2025 | Class B Common Stock | 2,782 | 2,782 | D |
| Employee Stock Option (Right to Buy)F3,F6 | $84.14 | Nov 21, 2016 | A | 5,907 | A | — | Feb 12, 2026 | Class B Common Stock | 5,907 | 5,907 | D |
Explanation of responses
- F1Represents restricted stock units (RSUs) received in exchange for 12,010 RSUs of MillerCoors LLC (MillerCoors) in connection with the acquisition of MillerCoors by Molson Coors Brewing Company (MCBC). The RSUs vest in full as follows: 4,302 RSUs on January 1, 2017, 5,745 RSUs on January 1, 2018 and 1,963 RSUs on January 1, 2019.
- F2The stock options vested in three equal annual installments beginning on January 1, 2013 and are currently fully exercisable.
- F3In connection with the acquisition of MillerCoors by MCBC, the reporting person received a stock option to purchase shares of Class B common stock of MCBC in exchange for a stock option to purchase shares of MillerCoors common stock.
- F4The stock options vest and become exercisable in three equal annual installments beginning on February 13, 2015.
- F5The stock options vest and become exercisable in three equal annual installments beginning on February 11, 2016.
- F6The stock options vest and become exercisable in three equal annual installments beginning on February 12, 2017.