SEC Form 4 · accession 0001214659-18-001488
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 20, 2018
Accepted (ET)
Feb 22, 2018 · 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 Stock | Feb 20, 2018 | M | 1,356 | $57.76 | A | 21,495 | D | |
| Class B Common Stock | Feb 20, 2018 | F | 1,153 | $80.64 | D | 20,342 | D | |
| Class B Common Stock | Feb 20, 2018 | S | 203 | $80.679 | D | 20,139 | 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 | $57.76 | Feb 20, 2018 | M | 1,356 | D | — | May 15, 2018 | Class B Common Stock | 1,356 | 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 exercise of this SOSAR results in the expiration of the tandem employee stock option.
- F3The SOSARS vested in full on the third anniversary of the grant date.