SEC Form 4 · accession 0001214659-18-000507
MOLSON COORS BEVERAGE CO · TAP-A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter H Coors
Officer — Chief Customer Relations Off · Director · 10% Owner · Other
Period of report
Jan 16, 2018
Accepted (ET)
Jan 18, 2018 · 5:30 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 Stock | Jan 16, 2018 | M | 5,739 | $42.02 | A | 319,222 | D | |
| Class B Common StockF2 | Jan 16, 2018 | S | 4,118 | $85.007 | D | 315,104 | D | |
| Class B Common Stock | Jan 17, 2018 | M | 71,781 | $42.02 | A | 386,885 | D | |
| Class B Common StockF3 | Jan 17, 2018 | S | 51,485 | $85.0123 | D | 335,400 | D | |
| Class B Common Stock | holding | — | — | — | 48,116 | 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 | — | — | — | 38,679 | I | by Marilyn E & Peter H Coors, Co-Trustees of Peter H Coors 2014 Grantor Retained Annuity Trust XVII | |
| Class B Common Stock | holding | — | — | — | 56,507 | I | by Marilyn E & Peter H Coors, Co-Trustees of Peter H Coors 2014 Grantor Retained Annuity Trust XIX | |
| Class B Common Stock | holding | — | — | — | 12,151 | I | by Marilyn E & Peter H Coors, Co-Trustees of Peter H Coors 2015 Grantor Retained Annuity Trust XX | |
| Class B Common Stock | holding | — | — | — | 56,400 | I | by Marilyn E & Peter H Coors, Co-Trustees of Peter H Coors 2015 Grantor Retained Annuity Trust XXI | |
| Class B Common Stock | holding | — | — | — | 153,864 | I | by Marilyn E & Peter H Coors, Co-Trustees of Peter H Coors 2016 Grantor Retained Annuity Trust XXII | |
| Class B Common Stock | holding | — | — | — | 85,081 | I | by Marilyn E & Peter H Coors, Co-Trustees of Peter H Coors 2013 Grantor Retained Annuity Trust XV | |
| Class B Common Stock | holding | — | — | — | 5,795 | 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 | — | — | — | 13,536,806 | I | by Adolph Coors Company LLC | |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F4 | $42.02 | Jan 16, 2018 | M | 5,739 | D | — | May 14, 2019 | Class B Common Stock | 5,739 | 71,781 | D |
| Employee Stock Option (Right to Buy)F4 | $42.02 | Jan 17, 2018 | M | 71,781 | D | — | May 14, 2019 | Class B Common Stock | 71,781 | 0 | D |
Explanation of responses
- F1The transactions reported in this Form 4 were effected pursuant to a 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 sold in a broker-assisted cashless exercise to cover the exercise price and tax withholding obligations. The price reported represents the weighted average sales price of Class B common stock sold in multiple transactions at prices ranging from $85.00 to $85.08, 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.
- F3Represents shares sold in a broker-assisted cashless exercise to cover the exercise price and tax withholding obligations. The price reported represents the weighted average sales price of Class B common stock sold in multiple transactions at prices ranging from $85.00 to $85.05, 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.
- F4The stock options vest and become exercisable in three equal annual installments beginning on May 14, 2010.