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CONSTELLATION BRANDS, INC. — Director's Dealing 2022
Dec 2, 2022
30189_dirs_2022-12-02_2c4bca17-7d1c-4bc9-925a-9c8745bdf318.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: 2022-11-30
Reporting Person: Carey Kaneenat Kristann (EVP & Chief HR Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-11-30 | Class A Common Stock | C | 978 | — | Acquired | 1982 | Direct |
| 2022-11-30 | Class A Common Stock | S | 978 | $250.81 | Disposed | 1004 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-11-30 | Non-Qualified Stock Option (right to buy) | $153.02 | M | 978 | Disposed | 2030-04-21 | Class 1 (convertible) Common Stock (978.0) | Direct |
| 2022-11-30 | Class 1 (convertible) Common Stock | $ | M | 978 | Acquired | Class A Common Stock (978.0) | Direct | |
| 2022-11-30 | Class 1 (convertible) Common Stock | $ | C | 978 | Disposed | Class A Common Stock (978.0) | 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: Includes shares of Class A Common Stock acquired in July 2022 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.
F3: Includes a correction to the number of shares of Class A Common Stock reported as beneficially owned directly by the reporting person on her original Form 3, which inadvertently overstated the number of shares held as of the date of such filing by 19 shares of Class A Common Stock.
F4: This option, representing a right to purchase a total of 3,911 shares, becomes exercisable at the rate of 25% per year beginning on the date specified.
F5: 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, Inc., 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.