CONSTELLATION BRANDS, INC. — Director's Dealing 2022

Nov 14, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSTELLATION BRANDS, INC. (STZ)
CIK: 0000016918
Period of Report: 2022-11-10

Reporting Person: RES Business Holdings LP (Member of 10% owner group)
Reporting Person: RES Business Management LLC (Member of 10% owner group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-10	Class A Common Stock	A	5300000	—	Acquired	5300000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-11-10	Class B (convertible) Common Stock	$	D	5300000	Disposed		Class A Common Stock (5300000)	Direct

Footnotes

F1: Pursuant to a reclassification exempt under Rule 16b-7 that was effected by Constellation Brands, Inc. on November 10, 2022, each share of Class B Common Stock ($0.01 par value) was reclassified and converted into one share of Class A Common Stock ($0.01 par value) and the right to receive a $64.64 cash payment. The conversion of the shares of Class B Common Stock into shares of Class A Common Stock pursuant to the reclassification is also exempt under Rule 16b-3 to the extent of the pecuniary interest in the shares of Richard Sands and Robert Sands.

F2: This report is filed jointly by RES Business Holdings LP ("RES Holdings") and RES Business Management LLC ("RES Management"). The reported securities are owned directly by RES Holdings. RES Management is the co-general partner of, and owns a 0.0009% interest in, RES Holdings.