MOLSON COORS BEVERAGE CO — Director's Dealing 2015

Nov 14, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOLSON COORS BREWING CO (TAP)
CIK: 0000024545
Period of Report: 2015-11-11

Reporting Person: Glendinning Stewart (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-11	Class B Common Stock	M	9500	$34.57	Acquired	128383	Direct
2015-11-11	Class B Common Stock	M	10794	$45.79	Acquired	139177	Direct
2015-11-11	Class B Common Stock	F	5492	$90.00	Disposed	133685	Direct
2015-11-11	Class B Common Stock	S	9500	$88.6878	Disposed	124185	Direct
0015-11-11	Class B Common Stock	S	5302	$90.00	Disposed	118883	Direct
2015-11-11	Class B Common Stock	S	416	$93.00	Disposed	118467	Direct
2015-11-12	Class B Common Stock	S	2965	$93.00	Disposed	115502	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-11-11	Employee Stock Option (Right to Buy)	$34.57	M	9500	Disposed	2016-03-16	Class B Common Stock (9500)	Direct
2015-11-11	Stock Appreciation Right	$45.79	M	10794	Disposed	2017-05-18	Class B Common Stock (10794)	Direct

Footnotes

F1: Represents 5,492 shares of Class B common stock withheld by the issuer to cover the exercise price of the 10,794 stock only stock appreciation rights (SOSARS).

F2: The price reported represents the weighted average sales price of Class B common stock sold in multiple transactions at prices ranging from $88.68 to $88.69, inclusive. 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: The options were granted on March 16, 2006 and vested in equal annual installments over a three year period.

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.