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CONSTELLATION BRANDS, INC. — Director's Dealing 2024
May 14, 2024
30189_dirs_2024-05-14_95364bb6-d9c0-4e1d-ac57-3b63b7cc75ad.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: 2024-05-10
Reporting Person: Newlands William A (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-10 | Class A Common Stock | C | 25000 | — | Acquired | 39700 | Direct |
| 2024-05-10 | Class A Common Stock | S | 18811 | $261.3772 | Disposed | 20889 | Direct |
| 2024-05-10 | Class A Common Stock | S | 6189 | $262.045 | Disposed | 14700 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-10 | Non-Qualified Stock Option (right to buy) | $153.02 | M | 25000 | Disposed | 2030-04-21 | Class 1 (convertible) Common Stock (25000) | Direct |
| 2024-05-10 | Class 1 (convertible) Common Stock | $ | M | 25000 | Acquired | Class A Common Stock (25000) | Direct | |
| 2024-05-10 | 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 $260.7530 to $261.7400, 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: Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $261.7550 to $262.1550, 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.