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MOLSON COORS BEVERAGE CO — Director's Dealing 2016
Nov 23, 2016
30606_dirs_2016-11-23_53bf9f1d-a5e8-453d-b771-e91baf4b39cd.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: 2016-11-21
Reporting Person: Nettles Michelle (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-11-21 | Class B Common Stock | A | 4851 | $0.0000 | Acquired | 6903 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-11-21 | Employee Stock Option (Right to Buy) | $73.00 | A | 2838 | Acquired | 2025-02-11 | Class B Common Stock (2838) | Direct |
| 2016-11-21 | Employee Stock Option (Right to Buy) | $86.45 | A | 1836 | Acquired | 2025-02-11 | Class B Common Stock (1836) | Direct |
| 2016-11-21 | Employee Stock Option (Right to Buy) | $84.14 | A | 2953 | Acquired | 2026-02-12 | Class B Common Stock (2953) | Direct |
Footnotes
F1: Represents restricted stock units (RSUs) received in exchange for 4,851 RSUs of MillerCoors LLC (MillerCoors) in connection with the acquisition of MillerCoors by Molson Coors Brewing Company (MCBC). The RSUs will vest in full as follows: 1,341 RSUs on January 1, 2017, 2,528 RSUs on January 1, 2018 and 982 RSUs on January 1, 2019.
F2: The stock options vest and become exercisable in three equal annual installments beginning on February 11, 2016.
F3: In connection with the acquisition of MillerCoors by MCBC, the reporting person received a stock option to purchase shares of Class B common stock of MCBC in exchange for a stock option to purchase shares of MillerCoors common stock.
F4: The stock options vest and become exercisable in three equal annual installments beginning on February 12, 2017.