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CONSTELLATION BRANDS, INC. — Director's Dealing 2020
Jan 10, 2020
30189_dirs_2020-01-10_e225c1e5-8fc2-484f-b6f8-8241164691b4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CONSTELLATION BRANDS, INC. (STZ)
CIK: 0000016918
Period of Report: 2020-01-09
Reporting Person: Kane Thomas Michael (EVP & Chief HR Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-01-09 | Class A Common Stock | C | 12824 | — | Acquired | 19934 | Direct |
| 2020-01-09 | Class A Common Stock | S | 12824 | $193.6232 | Disposed | 7110 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-01-09 | Non-Qualified Stock Option (right to buy) | $53.41 | M | 12824 | Disposed | 2023-06-03 | Class 1 (convertible) Common Stock (12824.0) | Direct |
| 2020-01-09 | Class 1 (convertible) Common Stock | $ | M | 12824 | Acquired | Class A Common Stock (12824.0) | Direct | |
| 2020-01-09 | Class 1 (convertible) Common Stock | $ | C | 12824 | Disposed | Class A Common Stock (12824.0) | Direct |
Footnotes
F1: 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.
F2: Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $193.60 to $193.81, 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.
F3: Vesting began on the date specified; 100% of this option has now vested.
F4: Shares of Class 1 Common Stock are convertible to shares of Class A Common Stock of the Issuer on a one-to-one basis in connection with the holders' sale of the shares of Class A Common Stock received upon the conversion. Class 1 Common Stock is not traded on any stock exchange.