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MOLSON COORS BEVERAGE CO — Director's Dealing 2007
Apr 5, 2007
30606_dirs_2007-04-04_a8e9a762-db48-4c7e-97fd-80b419c21bf8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MOLSON COORS BREWING CO (TAP)
CIK: 0000024545
Period of Report: 2006-06-30
Reporting Person: COORS WILLIAM K (DIRECTOR EMERITUS)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2006-06-30 | Class B Common Stock | J | 9252994 | — | Disposed | 320807 | Indirect |
| 2007-02-21 | Class B Common Stock | S | 100 | $86.76 | Disposed | 320707 | Indirect |
| 2007-02-21 | Class B Common Stock | S | 607 | $86.75 | Disposed | 320100 | Indirect |
| 2007-02-21 | Class B Common Stock | S | 500 | $86.73 | Disposed | 319600 | Indirect |
| 2007-02-21 | Class B Common Stock | S | 700 | $86.72 | Disposed | 318900 | Indirect |
| 2007-02-21 | Class B Common Stock | S | 700 | $86.71 | Disposed | 318200 | Indirect |
| 2007-02-21 | Class B Common Stock | S | 900 | $86.70 | Disposed | 317300 | Indirect |
| 2007-02-21 | Class B Common Stock | S | 5000 | $86.6952 | Disposed | 312300 | Indirect |
| 2007-02-21 | Class B Common Stock | S | 900 | $86.69 | Disposed | 311400 | Indirect |
| 2007-02-21 | Class B Common Stock | S | 1000 | $86.68 | Disposed | 310400 | Indirect |
| 2007-02-21 | Class B Common Stock | S | 700 | $86.67 | Disposed | 309700 | Indirect |
| 2007-02-21 | Class B Common Stock | S | 300 | $86.66 | Disposed | 309400 | Indirect |
| 2007-02-21 | Class B Common Stock | S | 100 | $86.64 | Disposed | 309300 | Indirect |
| 2007-02-21 | Class B Common Stock | S | 500 | $86.63 | Disposed | 308800 | Indirect |
| 2007-02-21 | Class B Common Stock | S | 4900 | $86.6263 | Disposed | 303900 | Indirect |
| 2007-02-21 | Class B Common Stock | S | 1000 | $86.62 | Disposed | 302900 | Indirect |
| 2007-02-21 | Class B Common Stock | S | 200 | $86.61 | Disposed | 302700 | Indirect |
| 2007-02-21 | Class B Common Stock | S | 200 | $86.60 | Disposed | 302500 | Indirect |
| 2007-02-22 | Class B Common Stock | S | 100 | $86.40 | Disposed | 302400 | Indirect |
| 2007-02-22 | Class B Common Stock | S | 3000 | $86.3930 | Disposed | 299400 | Indirect |
| 2007-02-22 | Class B Common Stock | S | 400 | $86.39 | Disposed | 299000 | Indirect |
| 2007-02-22 | Class B Common Stock | S | 400 | $86.38 | Disposed | 298600 | Indirect |
| 2007-02-22 | Class B Common Stock | S | 100 | $86.35 | Disposed | 298500 | Indirect |
| 2007-02-22 | Class B Common Stock | S | 4641 | $86.3415 | Disposed | 293859 | Indirect |
| 2007-02-22 | Class B Common Stock | S | 3000 | $86.34 | Disposed | 290859 | Indirect |
| 2007-02-22 | Class B Common Stock | S | 300 | $86.33 | Disposed | 290559 | Indirect |
| 2007-02-22 | Class B Common Stock | S | 400 | $86.32 | Disposed | 290159 | Indirect |
| 2007-02-22 | Class B Common Stock | S | 1600 | $86.30 | Disposed | 288559 | Indirect |
| 2007-02-22 | Class B Common Stock | S | 500 | $86.29 | Disposed | 288059 | Indirect |
| 2007-02-22 | Class B Common Stock | S | 100 | $86.28 | Disposed | 287959 | Indirect |
Footnotes
F1: As of February 21, 2005, Keystone Financing LLC ("Keystone"), a Delaware limited liability company, owned 9,252,994 shares of Class B Common Stock of Molson Coors Brewing Company (the "Trust Shares"). At one time, the Reporting Person was a Manager of Keystone and, in such capacity, had voting power over the Trust Shares, as well as dispositive power over the Trust Shares except in the event of a sale of all or substantially all of the assets of Keystone. The Members of Keystone, including the May Kistler Coors Trust dated September 24, 1965 (the "Trust"), had dispositive power over the Trust Shares only in the event of a sale of all or substantially all of Keystone's assets. The Reporting Person was a trustee of the Trust and, in such capacity, had dispositive power over the Trust Shares (along with other trustees of the Trust). (continued to footnote 2).
F2: Based on these relationships, on February 22, 2005, the Reporting Person filed a Form 3 with the Securities and Exchange Commission to report the beneficial ownership of the Trust Shares (but disclaimed beneficial ownership of the Trust Shares owned by Keystone and the Trust except to the extent of his pecuniary interest therein). The Reporting Person incorrectly reported in his Form 3 his status as manager of Keystone because on March 20, 2003, the Reporting Person resigned as a Manager of Keystone. On June 30, 2006, Adolph Coors Company LLC ("ACC"), a Wyoming limited liability company, became the trustee of various Coors family trusts, including the Trust. The Reporting Person serves as a director of ACC with eleven other former trustees of the Coors family trusts. On July 10, 2006, Keystone was dissolved and, as a result, the Trust Shares reverted to the Coors family trusts.(continued to footnote 3).
F3: None of the individual members of the board of directors of ACC are considered to be beneficial owners of Trust Shares held by ACC, as the trustee of the Coors family trusts.
F4: As of February 21, 2005, the 320,807 shares of Class B Common Stock of Molson Coors Brewing Company (the "Spousal Shares") reported as having been sold on this Form 4 and other Form 4's filed by the Reporting Person on April 4, 2007 were owned by the Reporting Person and his spouse, Rita Bass, in Joint Tenancy. On August 23, 2005, the Reporting Person transferred ownership of the Spousal Shares to Rita Bass individually. Ms. Bass sold the Spousal Shares in open market transactions listed on this Form 4 and other Form 4's filed by the Reporting Person on April 4, 2007 over the course of a three-day period from February 21, 2007 through February 23, 2007.