FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

COORS PETER H
2. Issuer Name and Ticker or Trading Symbol

MOLSON COORS BEVERAGE CO [ TAP ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
Vice Chairman of the Board
(Last)          (First)          (Middle)

P.O. BOX 4030, NH353
3. Date of Earliest Transaction (MM/DD/YYYY)

5/21/2020
(Street)

GOLDEN, CO 80401
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class B Common Stock 5/21/2020  A  3942 A$0.00 (1)248821 D  
Class B Common Stock         174303 (2)I by Peter H. Coors as manager of PHC Funding LLC 
Class B Common Stock         46224 I by Peter H. Coors as manager of PHC Funding II LLC 
Class B Common Stock         188171 I by Peter H. Coors as manager of PHC Funding LLC III 
Class B Common Stock         0 (2)I by Peter H. Coors as manager of PHC Funding LLC IV 
Class B Common Stock         13536806 I by Adolph Coors Company LLC 
Class B Common Stock         1064 I By Spouse 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) The reporting person received a restricted stock unit grant under the Company's Director Compensation Program, which will vest in full on May 21, 2023.
(2) On March 13, 2020, PHC Funding IV LLC transferred 23,225 shares of Class B common stock to PHC Funding LLC.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
COORS PETER H
P.O. BOX 4030
NH353
GOLDEN, CO 80401
XX
Vice Chairman of the Board

Signatures
/s/ Eric Gunning, by Power of Attorney5/26/2020
**Signature of Reporting PersonDate

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