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CONSTELLATION BRANDS, INC. Director's Dealing 2021

May 11, 2021

30189_dirs_2021-05-10_cebeb91a-d435-4b5b-9895-5a7a6e1eabe8.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: Richard Sands Master Trust (10% Owner)
Reporting Person: RES Master LLC (10% Owner)

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 149876 Indirect
Class A Common Stock 5483842 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Class B (convertible) Common Stock $ Class A Common Stock (37350.0) Indirect
Class B (convertible) Common Stock $ Class A Common Stock (22746786.0) Indirect
Non-Qualified Stock Option (right to buy) $24.5 2022-04-03 Class 1 (convertible) Common Stock (357030.0) Indirect
Non-Qualified Stock Option (right to buy) $47.79 2023-04-26 Class 1 (convertible) Common Stock (167370.0) Indirect
Non-Qualified Stock Option (right to buy) $79.61 2024-04-28 Class 1 (convertible) Common Stock (105200.0) Indirect
Non-Qualified Stock Option (right to buy) $117.12 2025-04-28 Class 1 (convertible) Common Stock (94170.0) Indirect
Non-Qualified Stock Option (right to buy) $156.84 2026-04-25 Class 1 (convertible) Common Stock (79141.0) Indirect
Non-Qualified Stock Option (right to buy) $172.09 2027-04-21 Class 1 (convertible) Common Stock (84970.0) Indirect
Non-Qualified Stock Option (right to buy) $228.26 2028-04-23 Class 1 (convertible) Common Stock (66895.0) Indirect
Non-Qualified Stock Option (right to buy) $207.48 2029-04-23 Class 1 (convertible) Common Stock (73087.0) Indirect
Non-Qualified Stock Option (right to buy) $153.02 2030-04-21 Class 1 (convertible) Common Stock (111425.0) Indirect
Non-Qualified Stock Option (right to buy) $238.31 2031-04-20 Class 1 (convertible) Common Stock (56846.0) Indirect

Footnotes

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

F2: The reported shares are also indirectly owned by RES 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 RES Master LLC is a member of RRA&Z. RES Master LLC is a sole member limited liability company of which RESMaster Trust is the sole owner.

F3: 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.

F4: 100% of this option has become exercisable.

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