SEC Form 4 · accession 0001214659-19-000102
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
Dec 31, 2018
Accepted (ET)
Jan 3, 2019 · 4:50 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,F2 | Dec 31, 2018 | M | 4,000 | — | A | 396,386 | D | |
| Class B Common Stock | Dec 31, 2018 | D | 4,000 | $56.16 | D | 392,386 | D | |
| Class B Common StockF2 | holding | — | — | — | 24,275 | I | by Marilyn E & Peter H Coors, Co-Trustees of Peter H Coors 2015 Grantor Retained Annuity Trust XXI | |
| Class B Common StockF2 | holding | — | — | — | 0 | I | by Marilyn E & Peter H Coors Co-Trustees of Peter H Coors 2016 Grantor Retained Annuity Trust XXII | |
| Class B Common StockF2 | holding | — | — | — | 32,592 | I | by Marilyn E & Peter H Coors, Co-Trustees of Peter H Coors 2017 Grantor Retained Annuity Trust XXIV | |
| Class B Common Stock | holding | — | — | — | 151,078 | I | by Peter H. Coors as manager of PHC Funding LLC | |
| Class B Common Stock | holding | — | — | — | 46,224 | I | by Peter H. Coors as manager of PHC Funding LLC II | |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Dec 31, 2018 | M | 4,000 | D | — | — | Class B Common Stock | 4,000 | 4,000 | D |
Explanation of responses
- F1On December 31, 2018, 4,000 cash-settled restricted stock units ("RSUs"), which were previously granted to the reporting person under the Molson Coors Brewing Company's Incentive Compensation Plan, vested and were settled in cash, based on the value of the issuer's Class B common stock on the date of vesting. The remaining RSUs will vest on December 31, 2019.
- F2Reflects the following changes in beneficial ownership that occurred on September 14, 2018: (A) the Peter H. Coors 2015 Grantor Annuity Trust XXI transferred 19,210 shares of Class B common stock directly to the reporting person; (B) the Peter H. Coors 2016 Grantor Annuity Trust XXII transferred 63,864 shares of Class B common stock directly to the reporting person; and (C) the Peter H. Coors 2017 Grantor Annuity Trust XXIV transferred 72,505 shares of Class B common stock directly to the reporting person.