AI assistant
MOLSON COORS BEVERAGE CO — Director's Dealing 2014
Mar 7, 2014
30606_dirs_2014-03-06_3f894037-ee3c-4361-b005-5d5abd1d978c.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MOLSON COORS BREWING CO (TAP)
CIK: 0000024545
Period of Report: 2014-03-04
Reporting Person: SWINBURN PETER S (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-03-04 | Class B Common Stock | A | 13496 | $0.0000 | Acquired | 210271 | Direct |
| 2014-03-04 | Class B Common Stock | F | 17262 | $56.92 | Disposed | 193009 | Direct |
| 2014-03-05 | Class B Common Stock | M | 5700 | $42.02 | Acquired | 198709 | Direct |
| 2014-03-05 | Class B Common Stock | S | 5700 | $57.42 | Disposed | 193009 | Direct |
| 2014-03-06 | Class B Common Stock | M | 45220 | $42.02 | Acquired | 238229 | Direct |
| 2014-03-06 | Class B Common Stock | S | 45220 | $58.0606 | Disposed | 193009 | Direct |
| 2014-03-06 | Class B Common Stock | M | 11961 | $43.13 | Acquired | 204970 | Direct |
| 2014-03-06 | Class B Common Stock | S | 11961 | $58.1531 | Disposed | 193009 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-03-05 | Employee Stock Option (Right to Buy) | $42.02 | M | 5700 | Disposed | 2019-05-14 | Class B Common Stock (5700) | Direct |
| 2014-03-06 | Employee Stock Option (Right to Buy) | $42.02 | M | 45220 | Disposed | 2019-05-14 | Class B Common Stock (45220) | Direct |
| 2014-03-06 | Employee Stock Option (Right to Buy) | $43.13 | M | 11961 | Disposed | 2020-03-15 | Class B Common Stock (11961) | Direct |
Footnotes
F1: Represents shares of Class B common stock issued to the reporting person in exchange for performance units (PUs) granted on 3/4/11 under the Molson Coors Brewing Company Incentive Compensation Plan. The PUs vested in accordance with their terms upon the achievement of certain specified performance goals applicable to such PUs.
F2: Represents shares of Class B common stock withheld in lieu of cash payment for applicable taxes, including (1) 6,287 shares withheld in connection with the vesting of PUs issued to the reporting person on 3/4/11 as reported in this Form 4; (2) 5,859 shares withheld in connection with the vesting of previously reported Restricted Stock Units (RSUs) issued to the reporting person on 3/4/11; and (3) 5,116 shares withheld in connection with the vesting of previously reported RSUs issued to the reporting person on 3/4/13.
F3: The option exercises and sales 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.
F4: The price reported represents the weighted average sales price of Class B common stock sold in multiple transactions at prices ranging from $57.82 to $58.16. 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.
F5: The price reported represents the weighted average sales price of Class B common stock sold in multiple transactions at prices ranging from $58.13 to $58.16. 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.
F6: The option was granted on May 14, 2009 and vested in equal annual installments over a three year period.
F7: The option was granted on March 15, 2010 and vested in equal annual installments over a three year period.