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CONSTELLATION BRANDS, INC. — Director's Dealing 2024
Apr 16, 2024
30189_dirs_2024-04-16_141d9713-f260-4ec4-9c81-a20147bdf125.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: 2024-04-12
Reporting Person: Sabia James A. Jr. (EVP & Pres. Beer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-04-12 | Class A Common Stock | C | 8110 | — | Acquired | 36691 | Direct |
| 2024-04-12 | Class A Common Stock | S | 15781 | $263.6289 | Disposed | 20910 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-12 | Non-Qualified Stock Option (right to buy) | $117.12 | M | 8110 | Disposed | 2025-04-28 | Class 1 (convertible) Common Stock (8110) | Direct |
| 2024-04-12 | Class 1 (convertible) Common Stock | $ | M | 8110 | Acquired | Class A Common Stock (8110) | Direct | |
| 2024-04-12 | Class 1 (convertible) Common Stock | $ | C | 8110 | Disposed | Class A Common Stock (8110) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 3242 | Indirect |
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 $263.2200 to $ 263.7701, 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: Held by the James A., Jr. and Brooke M. Sabia Trust, of which the reporting person and his spouse are trustees and beneficiaries.
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.