SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

KIELY W LEO III

(Last)

(First)

(Middle)

C/O MOLSON COORS BREWING COMPANY

1225 17TH STREET

(Street)

DENVER

80202

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
MOLSON COORS BREWING CO [ TAP.A; TAP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Global CEO

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2005

4. If Amendment, Date of Original Filed (Month/Day/Year)

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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	10/03/2000		G⁽¹⁾		276	D	$63.53	6,072	D
Class B Common Stock	10/17/2001		G⁽¹⁾		620	D	$44.62	3,877	D
Class B Common Stock	11/21/2001		G⁽¹⁾		250	D	$56.53	3,627	D
Class B Common stock	05/27/2004		G⁽¹⁾		396	D	$64.67	1,232	D
Class B Common Stock	12/17/2004		G⁽¹⁾		335	D	$74.28	897	D
Class B Common Stock	12/17/2004		G⁽¹⁾		546	D	$74.28	351	D
Class B Common Stock	12/15/2005		M⁽²⁾		12,154	A	$22	80,124	D
Class B Common Stock	12/15/2005		S⁽²⁾		12,154	D	$65.7822	67,970	D
Class B Common Stock	12/15/2005		G	V	121	D	$65.99	67,849	D
Class B Common Stock	12/15/2005		G	V	487	D	$65.99	67,362	D
Class B Common Stock	12/15/2005		G	V	395	D	$65.99	66,964	D
Class B Common Stock								4,490.02⁽³⁾	I	by 401(k)
Class B Common Stock								4,393⁽⁴⁾	I	by IRA
Class B Common Stock								730⁽⁴⁾	I	by Channel Island Partnership

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. 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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (Right to Buy)	$22	12/15/2005		M⁽²⁾			12,154	01/02/1997	01/02/2006	Class B Common Stock	12,154	$0	0	D
Employee Stock Option (Right to Buy)	$33.4063							01/02/1999⁽⁵⁾	01/02/2008	Class B Common Stock	50,514		50,514	D
Employee Stock Option (Right to Buy)	$56.8438							01/04/2000⁽⁵⁾	01/04/2009	Class B Common Stock	32,062		32,062	D
Employee Stock Option (Right to Buy)	$59.25							02/16/2000⁽⁵⁾	02/16/2009	Class B Common Stock	12,304		12,304	D
Employee Stock Option (Right to Buy)	$59.25							02/16/2000⁽⁵⁾	02/16/2009	Class B Common Stock	43,063		43,063	D
Employee Stock Option (Right to Buy)	$51.5938							01/03/2001⁽⁵⁾	01/03/2010	Class B Common Stock	45,790		45,790	D
Employee Stock Option (Right to Buy)	$48.4375							02/17/2001⁽⁵⁾	02/17/2010	Class B Common Stock	48,774		48,774	D
Employee Stock Option (Right to Buy)	$63.1563							08/17/2001⁽⁵⁾	08/17/2010	Class B Common Stock	9,144		9,144	D
Employee Stock Option (Right to Buy)	$69.095							02/16/2002⁽⁵⁾	02/16/2011	Class B Common Stock	120,000		120,000	D
Employee Stock Option (Right to Buy)	$56							02/14/2003⁽⁵⁾	02/14/2012	Class B Common Stock	120,000		120,000	D
Employee Stock Option (Right to Buy)	$49.015							02/13/2004⁽⁵⁾	02/13/2013	Class B Common Stock	150,000		150,000	D
Employee Stock Option (Right to Buy)	$65.32							02/12/2005⁽⁵⁾	02/12/2014	Class B Common Stock	150,000		150,000	D
Employee Stock Option (Right to Buy)	$74.35							05/12/2006⁽⁶⁾	05/12/2015	Class B Common Stock	175,000		175,000	D

Explanation of Responses:

1. This transaction has not been previously reported and represents a gift from Mr. Kiely to an institution, or charitable organization.

2. Mr. Kiely executed a pre-determined cashless exercise and sale pursuant to a written plan.

3. The number of shares in Mr. Kiely's 401(k) is derived by combining the value of his contributions with the Company's matches, and dividing the sum by the stock price as of 12/31/03.

4. Mr. Kiely's IRA holdings have previously been reported incorrectly as the total sum of his IRA holdings plus the holdings of a Partnership in which he has an interest.

5. This option is fully vested and exercisable.

6. This option vests in equal annual increments of one-third beginning on the first anniversary of the date of grant.

	Laura L. McGee as agent for W. Leo Kiely, III	12/19/2005
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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