David S. Coors - 02 Mar 2024 Form 4 Insider Report for MOLSON COORS BEVERAGE CO (TAP)

Role
Director
Signature
/s/ David Knaff, by Power of Attorney
Issuer symbol
TAP
Transactions as of
02 Mar 2024
Net transactions value
-$56,849
Form type
4
Filing time
05 Mar 2024, 17:05:31 UTC
Previous filing
22 May 2023
Next filing
20 May 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 $23,547 -379 -1.9% $62.13 19,665 02 Mar 2024 Direct F1
transaction TAP Class B Common Stock Award $0 +1,691 +8.6% $0.000000 21,356 02 Mar 2024 Direct F2
transaction TAP Class B Common Stock Tax liability $33,302 -536 -2.5% $62.13 20,820 02 Mar 2024 Direct F3
transaction TAP Class B Common Stock Award $0 +402 +1.9% $0.000000 21,222 04 Mar 2024 Direct F4
holding TAP Class B Common Stock 44,879 02 Mar 2024 by David S Coors Descendant's Trust U/A dated January 22, 2010
holding TAP Class B Common Stock 300,000 02 Mar 2024 by Adolph Coors Company LLC

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 +1,515 $0.000000 1,515 04 Mar 2024 Class B Common Stock 1,515 $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.