8-KThe WireRed Alert
Executive Change
Filed Apr 6, 2023 · 3y ago · Accession 0001104659-23-042784
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
Filing text
View original ↗UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
Current
Report
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): April 6, 2023
MOLSON COORS BEVERAGE COMPANY
(Exact
name of registrant as specified in its charter)
Commission
File Number: 1-14829
Delaware
84-0178360
(State or other jurisdiction of incorporation)
(IRS Employer Identification No.)
P.O. Box 4030 , NH353 , Golden , Colorado 80401
111
Boulevard Robert-Bourassa , 9th
Floor , Montréal , Québec , Canada H3C
2M1
(Address
of principal executive offices, including zip code)
( 303 ) 279-6565 / ( 514 ) 521-1786
(Registrant’s
telephone number, including area code)
Not
applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
¨ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title of each class
Trading symbols
Name of each exchange on which registered
Class A Common Stock, par value $0.01
TAP.A
New York Stock Exchange
Class B Common Stock, par value $0.01
TAP
New York Stock Exchange
1.25% Senior Notes due 2024
TAP
New York Stock Exchange
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02. Departure of Directors or Certain
Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 6, 2023, Molson Coors Beverage Company
(the “Company”) announced that Anne-Marie D’Angelo, the Company’s Chief Legal and Government Affairs Officer,
is resigning from the Company for personal reasons, effective immediately. The Company and Ms. D’Angelo have entered into a
consulting agreement, dated April 6, 2023, attached hereto as Exhibit 10.1, pursuant to which Ms. D’Angelo will provide
legal advisory consulting services to the Company through December 31, 2023 while the Company completes a search for a new Chief
Legal Officer and to provide transition services as needed.
Pursuant to the consulting agreement, Ms. D’Angelo
will receive a consulting fee of $40,000 per month. In addition, Ms. D’Angelo’s unvested restricted stock units will
continue to vest through the term of the consulting agreement and her vested stock options will remain exercisable during the term of
the consulting agreement and for the 90 days following the end of the consulting term. Ms. D’Angelo may terminate the agreement
at her discretion after June 15, 2023.
In connection with Ms. D’Angelo’s
resignation, the Company and Ms. D’Angelo have also entered into the Company’s general waiver and release agreement,
dated April 6, 2023, attached hereto as Exhibit 10.2, pursuant to which Ms. D’Angelo has agreed to a customary release
of claims against the Company.
The foregoing descriptions of the consulting agreement
and the general waiver and release agreement are qualified in their entirety by reference to the full text of each agreement, each as
respectively attached hereto as Exhibits 10.1 and 10.2.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
10.1
Consulting Agreement, dated April 6, 2023, by and between Molson Coors Beverage Company and Anne-Marie D’Angelo.
10.2
General Waiver and Release Agreement, dated April 6, 2023, by and between Molson Coors Beverage Company and Anne-Marie D’Angelo.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
Signature
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
MOLSON COORS BEVERAGE COMPANY
Date:
April 6, 2023
By:
/s/ Tracey Joubert
Tracey Joubert
Chief Financial Officer
Filing details
- Company
- MOLSON COORS BEVERAGE CO
- Ticker
- TAP-A
- CIK
- 24545
- Form type
- 8-K
- Filing date
- Apr 6, 2023
- Report date
- Apr 6, 2023
- Document
- tm2311706d2_8k.htm
- Size
- 414 KB