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MOLSON COORS BEVERAGE CO — Director's Dealing 2014
Mar 11, 2014
30606_dirs_2014-03-10_9a29b984-7ce1-4d8f-a5cc-3ad556add646.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: 2014-03-06
Reporting Person: WALKER SAMUEL D (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-03-06 | Class B Common Stock | S | 2415 | $57.48 | Disposed | 45559 | Direct |
| 2014-03-06 | Class B Common Stock | M | 26762 | $57.76 | Acquired | 72321 | Direct |
| 2014-03-06 | Class B Common Stock | F | 26704 | $58.00 | Disposed | 45617 | Direct |
| 2014-03-06 | Class B Common Stock | S | 58 | $58.00 | Disposed | 45559 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-03-06 | Stock Appreciation Right | $57.76 | M | 26762 | Disposed | 2008-05-15 | Class B Common Stock (26762) | Direct |
Footnotes
F1: Represents (a) a deemed sale of 26,652 shares of Class B common stock to the issuer to cover the exercise price of the 26,762 stock only stock appreciation rights (SOSARS) and (b) 52 shares of Class B common stock withheld in lieu of cash payment for applicable taxes in connection with the exercise of the SOSARS.
F2: The transaction reported in this Form 4 was 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.
F3: As adjusted to give effect to the 2-for-1 stock split that occurred on October 3, 2007.
F4: The exercise of the SOSARS results in the expiration of the tandem employee stock options.
F5: The SOSARS vested in full on the third anniversary of the grant date.