MOLSON COORS BEVERAGE CO — Director's Dealing 2018

May 4, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MOLSON COORS BREWING CO (TAP)
CIK: 0000024545
Period of Report: 2018-05-02

Reporting Person: Hunter Mark (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-02	Class B Common Stock	M	24531	$57.76	Acquired	147275	Direct
2018-05-02	Class B Common Stock	F	22461	$68.01	Disposed	124814	Direct
2018-05-03	Class B Common Stock	S	600	$60.8383	Disposed	124214	Direct
2018-05-03	Class B Common Stock	S	1470	$61.4266	Disposed	122744	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-02	Stock Appreciation Right	$57.76	M	24531	Disposed	2018-05-18	Class B Common Stock (24531)	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: Represents shares of Class B common stock withheld by the issuer to cover the exercise price and tax withholding obligations for the reporting person upon the exercise of the stock only appreciation rights (SOSARs) previously granted to the reporting person.

F3: The price reported represents the weighted average sales price of Class B common stock sold in multiple transactions at prices ranging from $60.63 to $60.99, 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.

F4: The price reported represents the weighted average sales price of Class B common stock sold in multiple transactions at prices ranging from $61.155 to $61.82, 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.

F5: The exercise of the SOSARs results in the expiration of the tandem employee stock options.

F6: The SOSARs vested and became exercisable in three equal annual installments beginning on May 15, 2009.