CONSTELLATION BRANDS, INC. — Director's Dealing 2020

Jan 10, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSTELLATION BRANDS, INC. (STZ)
CIK: 0000016918
Period of Report: 2020-01-09

Reporting Person: Klein David Eric (Exec Vice Pres. & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-07-09	Class A Common Stock	G	125	—	Disposed	45380	Direct
2019-07-09	Class A Common Stock	G	96	—	Disposed	45284	Direct
2020-01-09	Class A Common Stock	C	36488	—	Acquired	81844	Direct
2020-01-09	Class A Common Stock	S	36488	$195.4766	Disposed	45356	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-09	Non-Qualified Stock Option (right to buy)	$20.6	M	21760	Disposed	2021-04-05	Class 1 (convertible) Common Stock (21760.0)	Direct
2020-01-09	Non-Qualified Stock Option (right to buy)	$24.5	M	11640	Disposed	2022-04-03	Class 1 (convertible) Common Stock (11640.0)	Direct
2020-01-09	Non-Qualified Stock Option (right to buy)	$47.79	M	3088	Disposed	2023-04-26	Class 1 (convertible) Common Stock (3088.0)	Direct
2020-01-09	Class 1 (convertible) Common Stock	$	M	36488	Acquired		Class A Common Stock (36488.0)	Direct
2020-01-09	Class 1 (convertible) Common Stock	$	C	36488	Disposed		Class A Common Stock (36488.0)	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 $195.00 to $195.60, 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: Includes shares of Class A Common Stock acquired in July 2019 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.

F4: 100% of this option has become exercisable.

F5: Vesting schedule began on the date specified; 100% of this option has now vested.

F6: 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.

F7: The shares of Class 1 Common Stock were acquired at the following prices: 21,760 shares at $20.60; 11,640 shares at $24.50; and 3,088 shares at $47.79.