MOLSON COORS BEVERAGE CO — Director's Dealing 2016

Jan 22, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOLSON COORS BREWING CO (TAP)
CIK: 0000024545
Period of Report: 2016-01-20

Reporting Person: COORS PETER H (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-13	Class B Common Stock	G	3000	$0.00	Disposed	204719	Direct
2016-01-20	Class B Common Stock	M	67152	$45.79	Acquired	271871	Direct
2016-01-20	Class B Common Stock	F	48668	$86.27	Disposed	223203	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-01-20	Stock Appreciation Right	$45.79	M	67152	Disposed	2007-05-18	Class B Common Stock (67152)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	13536806	Indirect
Class B common Stock	77780	Indirect
Class B Common Stock	9163	Indirect
Class B Common Stock	13573	Indirect
Class B Common Stock	104139	Indirect
Class B Common Stock	59576	Indirect
Class B Common Stock	64029	Indirect
Class B Common Stock	84454	Indirect
Class B Common Stock	25988	Indirect
Class B Common Stock	67918	Indirect
Class B Common Stock	1064	Indirect

Footnotes

F1: Reflects the transfer of 3,000 Class B common stock from the reporting person to a charitable organization.

F2: Reflects the following Class B common stock transfers to the reporting person directly on December 11, 2015: (i) 18,614 shares from Marilyn E. and Peter H. Coors, Co-Trustees of the Peter H. Coors 2012 Grantor Retained Annuity Trust XII; and (ii) 29,883 shares from Marilyn E. and Peter H. Coors, Co-Trustees of the Peter H. Coors 2014 Grantor Retained Annuity Trust XIX.

F3: The reporting person's stock appreciation rights (SOSARs) exercise reported in this Form 4 was effected pursuant to 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: Represents (a) a deemed sale of 35,643 shares of Class B common stock to the issuer to cover the exercise price of the stock only stock appreciation rights (SOSARS) and (b) 13,025 shares of Class B common stock withheld in lieu of cash payment for applicable taxes in connection with the exercise of the SOSARS.

F5: Reflects the transfer of 18,614 shares of Class B common stock on December 11, 2015 from Marilyn E. and Peter H. Coors, Co-Trustees of the Peter H. Coors 2012 Grantor Retained Annuity Trust XII to the reporting person.

F6: Reflects the transfer of 29,883 Class B common stock on December 11, 2015 from Marilyn E. and Peter H. Coors, Co-Trustees of the Peter H. Coors 2014 Grantor Retained Annuity Trust XIX to the reporting person.

F7: As adjusted to give effect to the 2-for-1 stock split that occurred on October 3, 2007.

F8: The exercise of the SOSARs results in the expiration of the tandem employee stock options.

F9: The SOSARS vested in full on the third anniversary of the grant date.