MOLSON COORS BEVERAGE CO — Director's Dealing 2014

Feb 21, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOLSON COORS BREWING CO (TAP)
CIK: 0000024545
Period of Report: 2014-02-18

Reporting Person: WALKER SAMUEL D (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-18	Class B Common Stock	M	20000	$34.57	Acquired	80896	Direct
2014-02-18	Class B Common Stock	M	20000	$42.02	Acquired	100896	Direct
2014-02-18	Class B Common Stock	M	20000	$43.13	Acquired	120896	Direct
2014-02-18	Class B Common Stock	S	60000	$55.0149	Disposed	60896	Direct
2014-02-18	Class B Common Stock	M	42314	$45.79	Acquired	103210	Direct
2014-02-18	Class B Common Stock	F	37494	$55.00	Disposed	65716	Direct
2014-02-18	Class B Common Stock	S	4820	$55.00	Disposed	60896	Direct
2014-02-18	Class B Common Stock	S	12000	$54.63	Disposed	48896	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-18	Employee Stock Option (Right to Buy)	$34.57	M	20000	Disposed	2016-03-16	Class B Common Stock (20000)	Direct
2014-02-18	Employee Stock Option (Right to Buy)	$42.02	M	20000	Disposed	2019-05-14	Class B Common Stock (20000)	Direct
2014-02-18	Employee Stock Option (Right to Buy)	$43.13	M	20000	Disposed	2020-03-15	Class B Common Stock (20000)	Direct
2014-02-18	Stock Appreciation Right	$45.79	M	42314	Disposed	2017-05-18	Class B Common Stock (42314)	Direct

Footnotes

F1: The 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.

F2: The price reported represents the weighted average sales price of Class B common stock sold in multiple transactions at prices ranging from $54.75 to $55.26. 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.

F3: Represents (a) a deemed sale of 35,229 shares of Class B common stock to the issuer to cover the exercise price of the 42,314 stock only stock appreciation rights (SOSARS) and (b) 2,265 shares of Class B common stock withheld in lieu of cash payment for applicable taxes in connection with the exercise of the SOSARS.

F4: As adjusted to give effect to the 2-for-1 stock split that occurred on October 3, 2007.

F5: This option vested in full on the third anniversary of the grant date.

F6: The exercise of the SOSARS results in the expiration of the tandem employee stock options.

F7: The SOSARS vested in full on the third anniversary of the grant date.