Gavin Hattersley - 02 Mar 2024 Form 4 Insider Report for MOLSON COORS BEVERAGE CO (TAP)

Role
President & CEO, Director
Signature
/s/ David Knaff, by Power of Attorney
Issuer symbol
TAP
Transactions as of
02 Mar 2024
Net transactions value
-$3,429,265
Form type
4
Filing time
05 Mar 2024, 17:05:20 UTC
Previous filing
06 Mar 2023
Next filing
02 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TAP Class B Common Stock Tax liability $862,986 -13,890 -10% $62.13 118,871 02 Mar 2024 Direct F1
transaction TAP Class B Common Stock Award $0 +87,882 +74% $0.000000 206,753 02 Mar 2024 Direct F2
transaction TAP Class B Common Stock Tax liability $2,566,280 -41,305 -20% $62.13 165,448 02 Mar 2024 Direct F3
transaction TAP Class B Common Stock Award $0 +30,077 +18% $0.000000 195,525 04 Mar 2024 Direct F4
holding TAP Class B Common Stock 77,057 02 Mar 2024 Gavin Douglas Kilvington Hattersley Spousal Lifetime Access Trust

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) Award $0 +113,568 $0.000000 113,568 04 Mar 2024 Class B Common Stock 113,568 $62.34 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class B common stock withheld by the issuer to cover tax withholding obligations for the reporting person upon the vesting of restricted stock units previously granted to the reporting person.
F2 Represents shares of Class B common stock earned with respect to the 2021-2023 performance period pursuant to performance share units granted on March 2, 2021 under the Amended and Restated Molson Coors Beverage Company Incentive Compensation Plan (the "Plan").
F3 Represents shares of Class B common stock withheld by the Issuer to cover tax withholding obligations for the Reporting Person upon the vesting of performance share units previously granted to the Reporting Person.
F4 The Reporting Person received a restricted stock unit grant under the Plan, which will vest in full on March 4, 2027.
F5 The stock options vest in full and become exercisable on March 4, 2027.