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: LOCKE JAMES A III (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-10	Class A Common Stock	A	264	—	Acquired	40858	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-11-10	Class B (convertible) Common Stock	$	D	264	Disposed		Class A Common Stock (264.0)	Indirect

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 James A Locke III.

F2: Held by the James A. Locke III Revocable Trust, of which the reporting person serves as trustee and is the sole beneficiary.

F3: Reflects a change in beneficial ownership of 510 shares of Class A Common Stock from direct to indirect. On July 19, 2022, the reporting person transferred 510 shares to the James A. Locke III Revocable Trust.