Filing Details
- Accession Number:
- 0000016918-22-000080
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-04-25 17:10:47
- Reporting Period:
- 2022-04-21
- Accepted Time:
- 2022-04-25 17:10:47
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 16918 | Constellation Brands Inc. | STZ | Beverages (2080) | 160716709 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1721796 | O. James Bourdeau | C/O Constellation Brands, Inc. 207 High Point Drive, Building 100 Victor NY 14564 | Evp & Chief Legal Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2022-04-22 | 9,160 | $0.00 | 14,488 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2022-04-22 | 4,580 | $253.70 | 9,908 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2022-04-22 | 8,280 | $254.55 | 1,628 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Restricted Stock Units | Acquisiton | 2022-04-21 | 2,513 | $0.00 | 2,513 | $0.00 |
| Class 1 (Convertible) Common Stock | Non-Qualified Stock Option (right to buy) | Acquisiton | 2022-04-21 | 16,966 | $0.00 | 16,966 | $254.21 |
| Class 1 (Convertible) Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2022-04-22 | 3,250 | $0.00 | 3,250 | $87.16 |
| Class 1 (Convertible) Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2022-04-22 | 5,910 | $0.00 | 5,910 | $117.12 |
| Class A Common Stock | Class 1 (convertible) Common Stock | Acquisiton | 2022-04-22 | 9,160 | $0.00 | 9,160 | $0.00 |
| Class A Common Stock | Class 1 (convertible) Common Stock | Disposition | 2022-04-22 | 9,160 | $0.00 | 9,160 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 2,513 | 2023-05-01 | No | 4 | A | Direct | |
| 16,966 | 2023-04-21 | 2032-04-21 | No | 4 | A | Direct |
| 0 | 2015-09-30 | 2024-09-30 | No | 4 | M | Direct |
| 0 | 2016-04-28 | 2025-04-28 | No | 4 | M | Direct |
| 9,160 | No | 4 | M | Direct | ||
| 0 | No | 4 | C | Direct |
Footnotes
- The reported shares of Class A Common Stock were received upon the conversion of shares of Class 1 Common Stock on a one-to-one basis.
- Includes shares of Class A Common Stock acquired in July 2021 and January 2022 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.
- Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $253.1500 to $254.1100, inclusive. Upon request by the commission staff, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
- Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $254.1700 to $255.1400, inclusive. Upon request by the commission staff, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
- Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
- These restricted stock units vest in four equal annual installments beginning on the date specified. Vested shares will be delivered to the reporting person as of each vesting date net of shares withheld to satisfy taxes.
- This option becomes exercisable at the rate of 25% per year beginning on the date specified.
- 100% of this option has become exercisable.
- Shares of Class 1 Common Stock are convertible into shares of Class A Common Stock of the Issuer on a one-to-one basis. In accordance with the certificate of incorporation of Constellation Brands, Inc., any shares of Class A Common Stock issued upon conversion of shares of Class 1 Common Stock must be sold immediately in connection with the conversion. Class 1 Common Stock is not traded on any stock exchange.
- The shares of Class 1 Common Stock were acquired at the following prices: 3,250 at $87.16 and 5,910 at $117.12.
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