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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 3/2/24 |
Issuer: |
| Issuer CIK: 24545 |
| Issuer Name: MOLSON COORS BEVERAGE CO |
| Issuer Trading Symbol: TAP |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1846862 |
| | Owner Name: Stelter Roxanne |
| Reporting Owner Address: |
| | Owner Street 1: PO BOX 4030 |
| | Owner Street 2: BC555 |
| | Owner City: GOLDEN |
| | Owner State: CO |
| | Owner ZIP Code: 80401 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: VP,Controller & Chf Acct Off |
| | Other Text: |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Class B Common Stock |
| | Transaction Date: |
| | | Value: 3/2/24 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 726 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 62.13 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 6,831 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Class B Common Stock |
| | Transaction Date: |
| | | Value: 3/2/24 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 2,958 |
| Footnote ID: F2 |
| | | Transaction Price Per Share: |
| Value: 0.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 9,789 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Class B Common Stock |
| | Transaction Date: |
| | | Value: 3/2/24 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 944 |
| Footnote ID: F3 |
| | | Transaction Price Per Share: |
| Value: 62.13 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 8,845 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Class B Common Stock |
| | Transaction Date: |
| | | Value: 3/4/24 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 702 |
| Footnote ID: F4 |
| | | Transaction Price Per Share: |
| Value: 0.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 9,547 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Employee Stock Option (Right to Buy) |
| | Conversion or Exercise Price: |
| | | Value: 62.34 |
| | Transaction Date: |
| | | Value: 3/4/24 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 2,650 |
| | | Transaction Price Per Share: |
| Value: 0.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F5 |
| | Expiration Date: |
| | | Value: 3/4/34 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Class B Common Stock |
| | | Underlying Security Shares: |
| Value: 2,650 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 2,650 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - 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. |
| Footnote - 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"). |
| Footnote - 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. |
| Footnote - F4: The Reporting Person received a restricted stock unit grant under the Plan, which will vest in full on March 4, 2027. |
| Footnote - F5: The stock options vest in full and become exercisable on March 4, 2027. |
Remarks: |
Owner Signature: |
| Signature Name: /s/ David Knaff, by Power of Attorney |
| Signature Date: 3/5/24 |