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: SSR Business Holdings LP (Member of 10% owner group)
Reporting Person: SSR 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	311144	—	Acquired	2164138	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-11-10	Class B (convertible) Common Stock	$	D	311144	Disposed		Class A Common Stock (311144)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	158	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 Richard Sands and Robert Sands.

F2: This report is filed jointly by SSR Business Holdings LP ("SSR Holdings") and SSR Business Management LLC ("SSR Management"). SSR Holdings directly holds 2,164,138 shares of Class A Common Stock and SSR Management 158 shares of Class A Common Stock. SSR Management is the co-general partner of, and owns a 0.016% interest in, SSR Holdings.