Richard Sands Master Trust - 30 Apr 2021 Form 3/A - Amendment Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role
10%+ Owner
Signature
/s/ Thomas Farace, Authorized Person, Richard Sands Master Trust
Issuer symbol
STZ
Transactions as of
30 Apr 2021
Net transactions value
$0
Form type
3/A - Amendment
Filing time
10 May 2021, 19:36:56 UTC
Date Of Original Report
10 May 2021
Next filing
02 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding STZ Class A Common Stock 149,876 30 Apr 2021 by RES Master LLC F1
holding STZ Class A Common Stock 5,483,842 30 Apr 2021 by RRAZ Holdings LLC F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding STZ Class B (convertible) Common Stock 30 Apr 2021 Class A Common Stock 37,350 by RES Master LLC F1, F3
holding STZ Class B (convertible) Common Stock 30 Apr 2021 Class A Common Stock 22,746,786 by RRAZ Holdings LLC F2, F3
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 357,030 $24.50 by RES Master LLC F1, F4
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 167,370 $47.79 by RES Master LLC F1, F4
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 105,200 $79.61 by RES Master LLC F1, F4
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 94,170 $117.12 by RES Master LLC F1, F4
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 79,141 $156.84 by RES Master LLC F1, F4
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 84,970 $172.09 by RES Master LLC F1, F4
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 66,895 $228.26 by RES Master LLC F1, F5
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 73,087 $207.48 by RES Master LLC F1, F5
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 111,425 $153.02 by RES Master LLC F1, F5
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 56,846 $238.31 by RES Master LLC F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RES Master LLC is the direct owner of these securities. RES Master LLC is a limited liability company that is wholly-owned by the Richard Sands Master Trust.
F2 The reported shares are also indirectly owned by RES Master LLC. Various Sands family limited partnerships directly own the reported shares of Class A Common Stock. WildStar Partners LLC ("WildStar") holds a .045% co-general partner interest in those family limitedpartnerships. RRA&Z Holdings LLC ("RRA&Z") is the sole member of WildStar, and RES Master LLC is a member of RRA&Z. RES Master LLC is a sole member limited liability company of which RESMaster Trust is the sole owner.
F3 Shares of Class B Common Stock are convertible into shares of Class A Common Stock of the Issuer on a one-to-one basis at any time at the option of the holder. The ticker symbol for Class B Common Stock is STZ.B.
F4 100% of this option has become exercisable.
F5 This option becomes exercisable at the rate of 25% per year beginning on the date specified.

Remarks:

The Form 3 that was filed was intended to be filed jointly by Richard Sands Master Trust and RES Master LLC. This Amendment is being filed solely to include RES Master LLC as a reporting person.