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CONSTELLATION BRANDS, INC. — Director's Dealing 2023
Aug 7, 2023
30189_dirs_2023-08-07_a8fb9bac-cc96-40e7-9ce7-bea35a7fc650.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: 2023-08-04
Reporting Person: Hernandez Ernesto M (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-08-04 | Class A Common Stock | C | 5086 | — | Acquired | 8735 | Direct |
| 2023-08-04 | Class A Common Stock | S | 5086 | $268.9975 | Disposed | 3649 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-08-04 | Non-Qualified Stock Option (right to buy) | $87.13 | M | 1606 | Disposed | 2024-07-23 | Class 1 (convertible) Common Stock (1606) | Direct |
| 2023-08-04 | Non-Qualified Stock Option (right to buy) | $119.37 | M | 1172 | Disposed | 2025-07-22 | Class 1 (convertible) Common Stock (1172) | Direct |
| 2023-08-04 | Non-Qualified Stock Option (right to buy) | $166.34 | M | 1267 | Disposed | 2026-07-20 | Class 1 (convertible) Common Stock (1267) | Direct |
| 2023-08-04 | Non-Qualified Stock Option (right to buy) | $197.18 | M | 1041 | Disposed | 2027-07-18 | Class 1 (convertible) Common Stock (1041) | Direct |
| 2023-08-04 | Class 1 (convertible) Common Stock | $ | M | 1606 | Acquired | Class A Common Stock (1606) | Direct | |
| 2023-08-04 | Class 1 (convertible) Common Stock | $ | M | 1172 | Acquired | Class A Common Stock (1172) | Direct | |
| 2023-08-04 | Class 1 (convertible) Common Stock | $ | M | 1267 | Acquired | Class A Common Stock (1267) | Direct | |
| 2023-08-04 | Class 1 (convertible) Common Stock | $ | M | 1041 | Acquired | Class A Common Stock (1041) | Direct | |
| 2023-08-04 | Class 1 (convertible) Common Stock | $ | C | 5086 | Disposed | Class A Common Stock (5086) | 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: Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $268.9800 to $269.0400, inclusive. Upon request by the Commission staff, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
F3: 100% of this option has become exercisable.
F4: 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.