SEC Form 4 · accession 0001214659-18-003334
MOLSON COORS BEVERAGE CO · TAP-A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Hunter
Officer — President & CEO · Director
Period of report
May 2, 2018
Accepted (ET)
May 4, 2018 · 5:30 pm EDT
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 | May 2, 2018 | M | 24,531 | $57.76 | A | 147,275 | D | |
| Class B Common Stock | May 2, 2018 | F | 22,461 | $68.01 | D | 124,814 | D | |
| Class B Common StockF3 | May 3, 2018 | S | 600 | $60.8383 | D | 124,214 | D | |
| Class B Common StockF4 | May 3, 2018 | S | 1,470 | $61.4266 | D | 122,744 | 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 RightF6 | $57.76 | May 2, 2018 | M | 24,531 | D | — | May 18, 2018 | Class B Common Stock | 24,531 | 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 of Class B common stock withheld by the issuer to cover the exercise price and tax withholding obligations for the reporting person upon the exercise of the stock only appreciation rights (SOSARs) previously granted to the reporting person.
- F3The price reported represents the weighted average sales price of Class B common stock sold in multiple transactions at prices ranging from $60.63 to $60.99, 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 price reported represents the weighted average sales price of Class B common stock sold in multiple transactions at prices ranging from $61.155 to $61.82, 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.
- F5The exercise of the SOSARs results in the expiration of the tandem employee stock options.
- F6The SOSARs vested and became exercisable in three equal annual installments beginning on May 15, 2009.