SEC Form 4 · accession 0001214659-17-001805
MOLSON COORS BEVERAGE CO · TAP-A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michelle Nettles
Officer — Chief People&Diversity Off
Period of report
Mar 7, 2017
Accepted (ET)
Mar 9, 2017 · 5:00 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 | Mar 7, 2017 | A | 5,066 | $0.00 | A | 11,515 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In connection with the acquisition of MillerCoors LLC (MillerCoors) by Molson Coors Brewing Company (MCBC), the performance stock units granted to the reporting person in 2016 under the MillerCoors incentive plan (MillerCoors PSUs) converted into performance stock units under MCBC's incentive compensation plan (MCBC PSUs), with identical performance criteria and vesting terms. The performance criteria were satisfied, and the MCBC PSUs converted into MCBC restricted stock units (RSUs) on March 7, 2017. The RSUs will vest in full on January 1, 2019.