SEC Form 4 · accession 0001214659-17-001328
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
Feb 21, 2017
Accepted (ET)
Feb 23, 2017 · 5:26 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 Stock | Feb 21, 2017 | M | 1,506 | $45.79 | A | 17,242 | D | |
| Class B Common Stock | Feb 21, 2017 | F | 1,073 | $100.36 | D | 16,169 | D | |
| Class B Common StockF2 | Feb 21, 2017 | S | 433 | $100.3316 | D | 15,736 | D |
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 | Feb 21, 2017 | M | 1,506 | D | — | May 18, 2017 | Class B Common Stock | 1,506 | 0 | D |
Explanation of responses
- F1Represents shares of Class B common stock withheld by the issuer to cover the exercise price of the stock only appreciation rights (SOSARS) and to cover tax withholding obligations in connection with the exercise of the SOSARS.
- F2The price reported represents the weighted average sales price of Class B common stock sold in multiple transactions at prices ranging from $100.32 to $100.34, inclusive. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F3As adjusted to give effect to the 2-for-1 stock split that occurred on October 3, 2007.
- F4The exercise of the stock only stock appreciation rights (SOSARS) results in the expiration of the tandem employee stock option.
- F5The SOSARS vested in full on the third anniversary of the grant date.