CONSTELLATION BRANDS, INC. — Director's Dealing 2022

Nov 17, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSTELLATION BRANDS, INC. (STZ)
CIK: 0000016918
Period of Report: 2022-11-14

Reporting Person: SANDS ROBERT (Director, 10% Owner, Non-Exec Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-14	Class A Common Stock	S	3700002	$239.06	Disposed	24347294	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	8600	Direct
Class A Common Stock	550214	Indirect
Class A Common Stock	19329	Indirect
Class A Common Stock	1769	Indirect

Footnotes

F1: Various Sands family limited partnerships directly own the reported securities. WildStar Partners LLC ("WildStar") holds a .045% co-general partner interest in those family limited partnerships. RRA&Z Holdings LLC ("RRA&Z") is the sole member of WildStar. The reporting person indirectly owns a membership interest in and is co-manager of RRA&Z.

F2: RSS Master LLC ("RSS Master") directly owns the reported securities. RSS Master is a limited liability company that is wholly-owned by the Robert Sands Master Trust. The reporting person is the sole trustee and sole beneficiary of the Robert Sands Master Trust.

F3: These shares are held in a trust for the benefit of the reporting person's stepchildren. The reporting person's spouse is the trustee of this trust. The reporting person disclaims beneficial ownership with respect to securities held in this manner, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.

F4: The reporting person disclaims beneficial ownership with respect to securities held in this manner, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.