CONSTELLATION BRANDS, INC. — Director's Dealing 2024

Nov 15, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSTELLATION BRANDS, INC. (STZ)
CIK: 0000016918
Period of Report: 2024-11-14

Reporting Person: Newlands William A (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-11-14	Class A Common Stock	C	25000	—	Acquired	32274	Direct
2024-11-14	Class A Common Stock	S	25000	$243.5809	Disposed	7274	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-11-14	Non-Qualified Stock Option (right to buy)	$153.02	M	25000	Disposed	2030-04-21	Class 1 (convertible) Common Stock (25000)	Direct
2024-11-14	Class 1 (convertible) Common Stock	$	M	25000	Acquired		Class A Common Stock (25000)	Direct
2024-11-14	Class 1 (convertible) Common Stock	$	C	25000	Disposed		Class A Common Stock (25000)	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 $243.5000 to $244.1950, 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.