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CONSTELLATION BRANDS, INC. — Director's Dealing 2024
Oct 15, 2024
30189_dirs_2024-10-15_1e577555-ffca-464f-ab4e-709b18ec4314.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: 2024-10-14
Reporting Person: Glaetzer Samuel J (EVP & Pres. Wine and Spirits)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-10-14 | Class A Common Stock | C | 1119 | — | Acquired | 6480 | Direct |
| 2024-10-14 | Class A Common Stock | S | 1510 | $245.5691 | Disposed | 4970 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-10-14 | Non-Qualified Stock Option (right to buy) | $117.12 | M | 167 | Disposed | 2025-04-28 | Class 1 (convertible) Common Stock (167) | Direct |
| 2024-10-14 | Non-Qualified Stock Option (right to buy) | $156.84 | M | 452 | Disposed | 2026-04-25 | Class 1 (convertible) Common Stock (452) | Direct |
| 2024-10-14 | Non-Qualified Stock Option (right to buy) | $172.09 | M | 500 | Disposed | 2027-04-21 | Class 1 (convertible) Common Stock (500) | Direct |
| 2024-10-14 | Class 1 (convertible) Common Stock | $ | M | 167 | Acquired | Class A Common Stock (167) | Direct | |
| 2024-10-14 | Class 1 (convertible) Common Stock | $ | M | 452 | Acquired | Class A Common Stock (452) | Direct | |
| 2024-10-14 | Class 1 (convertible) Common Stock | $ | M | 500 | Acquired | Class A Common Stock (500) | Direct | |
| 2024-10-14 | Class 1 (convertible) Common Stock | $ | C | 1119 | Disposed | Class A Common Stock (1119) | 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: Includes shares of Class A Common Stock acquired in July 2024 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.
F3: Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $245.5600 to $245.5951, 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.
F4: 100% of this option has become exercisable.
F5: 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.