Filing Details

Accession Number:
0000899243-22-026328
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-07-19 16:20:52
Reporting Period:
2022-07-15
Accepted Time:
2022-07-19 16:20:52
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
1245564 Robert Sands C/O Constellation Brands, Inc.
207 High Point Drive, Building 100
Victor NY 14564
See Remarks Yes Yes Yes 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 2022-07-15 1,244,467 $0.00 1,794,681 No 4 C Indirect By RSS Master LLC
Class A Common Stock Disposition 2022-07-15 1,244,467 $242.81 550,214 No 4 S Indirect By RSS Master LLC
Class A Common Stock Disposition 2022-07-15 183,332 $242.81 5,300,510 No 4 S Indirect By Robert Sands Master Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect By RSS Master LLC
No 4 S Indirect By RSS Master LLC
No 4 S Indirect By Robert Sands Master Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class 1 (convertible) Common Stock Disposition 2022-07-15 1,244,467 $0.00 1,244,467 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 8,600 Direct
Class A Common Stock 19,329 Indirect By Pamela K. Sands 2016 Descendants' Trust
Class A Common Stock 1,769 Indirect By Spouse
Footnotes
  1. 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.
  2. RSS Master LLC ("RSS Master") is the direct owner of these securities. RSS Master is a limited liability company that is wholly-owned by the Robert Sands Master Trust, for which the reporting person serves as trustee and is the sole beneficiary.
  3. On July 15, 2022, MAS Business Holdings LP ("MAS") entered into a private transaction to sell 183,332 shares of Class A Common Stock.
  4. The reported shares are also indirectly owned by RSS Master. Various Sands family limited partnerships, including MAS, directly own the reported shares of Class A Common Stock. WildStar Partners LLC ("WildStar") holds a .045% co-general partner interest in those family limited partnerships. RRA&Z Holdings LLC ("RRA&Z") is the sole member of WildStar, and RSS Master is a member of RRA&Z.
  5. Excludes 913 shares of Class A Common Stock previously held directly which were transferred to RSS Master on May 9, 2022.
  6. These shares are held in a trust for the benefit of the reporting person's stepchildren. The reporting person's spouse is the trustee of this trust. The reporting person disclaims beneficial ownership with respect to securities held in this manner, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.
  7. The reporting person disclaims beneficial ownership with respect to securities held in this manner, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose
  8. 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, 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.