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CONSTELLATION BRANDS, INC. Director's Dealing 2021

May 11, 2021

30189_dirs_2021-05-10_47070162-d9af-45f9-afea-0aed86f22799.zip

Director's Dealing

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SEC Form 3/A — Form 3/A

Issuer: CONSTELLATION BRANDS, INC. (STZ)
CIK: 0000016918
Period of Report: 2021-04-30

Reporting Person: Robert Sands Master Trust (10% Owner)
Reporting Person: RSS Master LLC (10% Owner)

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 549301 Indirect
Class A Common Stock 5483842 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Class 1 (convertible) Common Stock $ Class A Common Stock (593352.0) Indirect
Class B (convertible) Common Stock $ Class A Common Stock (22746786.0) Indirect
Non-Qualified Stock Option (right to buy) $153.02 2030-04-21 Class 1 (convertible) Common Stock (131088.0) Indirect
Non-Qualified Stock Option (right to buy) $47.79 2023-04-26 Class 1 (convertible) Common Stock (114560.0) Indirect
Non-Qualified Stock Option (right to buy) $228.26 2028-04-23 Class 1 (convertible) Common Stock (45480.0) Indirect
Non-Qualified Stock Option (right to buy) $172.09 2027-04-21 Class 1 (convertible) Common Stock (57772.0) Indirect
Non-Qualified Stock Option (right to buy) $24.5 2022-04-03 Class 1 (convertible) Common Stock (212380.0) Indirect
Non-Qualified Stock Option (right to buy) $79.61 2024-04-28 Class 1 (convertible) Common Stock (72010.0) Indirect
Non-Qualified Stock Option (right to buy) $238.31 2031-04-20 Class 1 (convertible) Common Stock (66878.0) Indirect
Non-Qualified Stock Option (right to buy) $117.12 2025-04-28 Class 1 (convertible) Common Stock (64460.0) Indirect
Non-Qualified Stock Option (right to buy) $207.48 2029-04-23 Class 1 (convertible) Common Stock (85985.0) Indirect
Non-Qualified Stock Option (right to buy) $156.84 2026-04-25 Class 1 (convertible) Common Stock (54168.0) Indirect

Footnotes

F1: RSS Master LLC is the direct owner of these securities. RSS Master LLC is a limited liability company that is wholly-owned by the Robert Sands Master Trust.

F2: The reported shares are also indirectly owned by RSS Master LLC. Various Sands family limited partnerships directly own the reported shares of Class A Common Stock. WildStar Partners LLC ("WildStar") holds a .045% co-general partner interest in those family limitedpartnerships. RRA&Z Holdings LLC ("RRA&Z") is the sole member of WildStar, and RSS Master LLC is a member of RRA&Z. RSS Master LLC is a sole member limited liability company of which the Robert SandsMaster Trust is the sole owner.

F3: 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.

F4: Shares of Class B Common Stock are convertible into shares of Class A Common Stock of the Issuer on a one-to-one basis at any time at the option of the holder. The ticker symbol for Class B Common Stock is STZ.B.

F5: This option becomes exercisable at the rate of 25% per year beginning on the date specified.

F6: 100% of this option has become exercisable.