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^*

Molson Stephen Thomas

(Last)

(First)

(Middle)

411 CLARKE AVENUE

(Street)

WESTMOUNT

H3Y 3C3

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/10/2006

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	01/10/2006		X		1,080	A	$31.2619	1,080	D
Class B Common Stock	01/10/2006		X		1,080	A	$51.9621	2,160	D
Class B Common Stock	01/10/2006		S		800	D	$68.34	1,360	D
Class B Common Stock	01/10/2006		S		1,080	D	$68.35	280	D
Class B Common Stock	01/10/2006		S		280	D	$68.37	0	D
Class B Common Stock	02/13/2007		X		11,520	A	$29.3143	11,520	D
Class B Common Stock	02/13/2007		S		11,520	D	$86.2	0	D
Class B Common Stock								234	I	By Pentland Securities (1981) Inc.⁽¹⁾

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)
Stock Options (right to buy)	$32.2619	01/10/2006		X			1,080	⁽³⁾	02/09/2006	Class B Common Stock	1,080	$0	0	D
Stock Options (right to buy)	$51.9621	01/10/2006		X			1,080	⁽³⁾	02/09/2006	Class B Common Stock	1,080	$0	0	D
Stock Options (right to buy)	$29.3143	02/13/2007		X			11,520	⁽³⁾	11/19/2007	Class B Common Stock	11,520	$0	0	D
Class A Common Stock	⁽²⁾							⁽³⁾	⁽⁴⁾	Class B Common Stock	126		126	I	By U.S. Voting Trust⁽⁶⁾
Class A exchangeable shares of Molson Coors Canada Inc.	⁽²⁾							⁽³⁾	⁽⁵⁾	Class A Common Stock⁽¹⁰⁾	928,612		928,612	I	By Canadian Voting Trust⁽⁶⁾
Class A exchangeable shares of Molson Coors Canada Inc.	⁽²⁾							⁽³⁾	⁽⁵⁾	Class A Common Stock⁽¹⁰⁾	333,529		333,529	I	By Canadian Voting Trust⁽⁷⁾
Class B exchangeable shares of Molson Coors Canada Inc.	⁽²⁾							⁽³⁾	⁽⁵⁾	Class B Common Stock	1,724,566		1,724,566	I	By Pentland Securities (1981) Inc.⁽¹⁾
Class A exchangeable shares of Molson Coors Canada Inc.	⁽²⁾							⁽³⁾	⁽⁵⁾	Class A Common Stock⁽¹⁰⁾	37		37	I	By wife
Class B exchangeable shares of Molson Coors Canada Inc.	⁽²⁾							⁽³⁾	⁽⁵⁾	Class B Common Stock	70		70	I	By wife
Class B exchangeable shares of Molson Coors Canada Inc.	⁽²⁾							⁽³⁾	⁽⁵⁾	Class B Common Stock	619,411		619,411	I	By 4280661 Canada Inc.⁽⁸⁾
Class B exchangeable shares of Molson Coors Canada Inc.	⁽²⁾							⁽³⁾	⁽⁵⁾	Class B Common Stock	1,296		1,296	I	By Nooya Investments Limited⁽⁹⁾
Stock Options (right to buy)	$29.8039							⁽³⁾	06/30/2008	Class B Common Stock	1,080		1,080	D
Stock Options (right to buy)	$30.1823							⁽³⁾	06/29/2009	Class B Common Stock	1,080		1,080	D

Explanation of Responses:

1. These shares are owned directly by Pentland Securities (1981) Inc. ("Pentland") which is owned by Nooya Investments Limited ("Nooya") and another shareholder. Nooya is wholly owned by Stephen T. Molson. Stephen T. Molson disclaims beneficial ownership of these shares except to the extent of his beneficial interest therein.

2. Convertible on a 1-for-1 basis.

3. These securities became exercisable or exchangeable as applicable on 2/09/05.

4. No expiration date.

5. No expiration date, but redeemable by a subsidiary of Molson Coors Brewing Company at any time after February 9, 2045 for the corresponding class of Molson Coors Common Stock or, for non-affiliates only, the equivalent value in cash.

6. These shares are owned indirectly through the respective Voting Trust(s) by Pentland. Stephen T. Molson disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

7. These shares are owned indirectly through the Canadian Voting Trust by 4280661 Canada, Inc., a wholly owned subsidiary of Pentland. Stephen T. Molson disclaims beneficial ownership of these shares except to the extent of his pecuniary interest thereon.

8. These shares are owned directly by 4280661 Canada, Inc. Stephen T. Molson disclaims beneficial ownership of these shares except to the extent of his pecuniary interest thereon.

9. These shares are owned directly by Nooya.

10. Convertible on a 1-for-1 basis into shares of Class B Common Stock.

Remarks:

Effective January 1, 2006, Mr. Molson resigned as a Trustee of the Thomas Henry Pentland Molson Trust and as an officer and director of BAX Investments Ltd. ("BAX") and DJS Holdings Ltd. ("DJS") and thus no longer has a reportable beneficial interest in 7,720 and 6,964 shares of Class A Exchangeable Shares of Molson Coors Canada Inc., which were formerly reported as owned indirectly by DJS and BAX, respectively. Effective January 1, 2006, Mr. Molson resigned as a Trustee of the Thomas Henry Pentland Molson Trust and as an officer of 6339522 Canada Inc. and 6339549 Canada Inc. and thus no longer has a reportable beneficial interest in 143,698 and 145,092 shares of Class B Exchangeable Shares of Molson Coors Canada Inc., which were formerly reported as owned indirectly by 6339522 Canada Inc. and 6339549 Canada Inc., respectively. On February 9, 2006, options for 1,224 shares of Class B Common Stock with exercise price of $75.2777 and options for 1,224 shares of Class B Common Stock with an exercise price of $82.2688, held by Mr. Molson expired unexercised.

	/s/ Stephen T. Molson	03/15/2007
	** Signature of Reporting Person	Date
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* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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