Tracey Joubert - Feb 12, 2024 Form 4 Insider Report for MOLSON COORS BEVERAGE CO (TAP)

Signature
/s/ David Knaff, by Power of Attorney
Stock symbol
TAP
Transactions as of
Feb 12, 2024
Transactions value $
-$16,183
Form type
4
Date filed
2/14/2024, 04:15 PM
Previous filing
May 5, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TAP Class B Common Stock Options Exercise $151K +2.77K +4.58% $54.53 63.3K Feb 12, 2024 Direct F1
transaction TAP Class B Common Stock Sale -$167K -2.77K -4.38% $60.37 60.5K Feb 12, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TAP Employee Stock Option (Right to Buy) Options Exercise $0 -2.77K -100% $0.00* 0 Feb 12, 2024 Class B Common Stock 2.77K $54.53 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The stock option exercises and sales 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 stock options vested and became exercisable in three equal annual installments beginning on February 13, 2015.