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Molson Coors executive exercises options


Published : Fri, 30 Nov 2007 22:11
By : Agencies
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NEW YORK (AP) - The president and chief executive of Molson Canada for Molson Coors Brewing Co. exercised options for 34,666 shares of Class B common stock, according to a Securities and Exchange Commission filing.

In a Form 4 filed with the SEC Thursday, Kevin Boyce reported he exercised the options on Tuesday and Wednesday for $30.80 to $34.99 apiece, then sold all 34,666 shares on the same days for $51.76 to $53.65 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Molson Coors is based in Montreal.

Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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