CONSTELLATION BRANDS, INC. — Director's Dealing 2023

Jul 24, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSTELLATION BRANDS, INC. (STZ)
CIK: 0000016918
Period of Report: 2023-07-20

Reporting Person: Hankinson Garth (EVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-20	Class A Common Stock	C	1550	—	Acquired	11041	Direct
2023-07-20	Class A Common Stock	S	1550	$267.9601	Disposed	9491	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-07-20	Non-Qualified Stock Option (right to buy)	$79.61	M	1550	Disposed	2024-04-28	Class 1 (convertible) Common Stock (1550)	Direct
2023-07-20	Class 1 (convertible) Common Stock	$	M	1550	Acquired		Class A Common Stock (1550)	Direct
2023-07-20	Class 1 (convertible) Common Stock	$	C	1550	Disposed		Class A Common Stock (1550)	Direct

Footnotes

F1: 100% of this option has become exercisable.

F2: 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.

F3: 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.