Richard Sands Master Trust - Apr 30, 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
Stock symbol
STZ
Transactions as of
Apr 30, 2021
Transactions value $
$0
Form type
3/A - Amendment
Date filed
5/10/2021, 07:36 PM
Date Of Original Report
May 10, 2021
Next filing
Dec 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding STZ Class A Common Stock 150K Apr 30, 2021 by RES Master LLC F1
holding STZ Class A Common Stock 5.48M Apr 30, 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 Apr 30, 2021 Class A Common Stock 37.4K by RES Master LLC F1, F3
holding STZ Class B (convertible) Common Stock Apr 30, 2021 Class A Common Stock 22.7M by RRAZ Holdings LLC F2, F3
holding STZ Non-Qualified Stock Option (right to buy) Apr 30, 2021 Class 1 (convertible) Common Stock 357K $24.50 by RES Master LLC F1, F4
holding STZ Non-Qualified Stock Option (right to buy) Apr 30, 2021 Class 1 (convertible) Common Stock 167K $47.79 by RES Master LLC F1, F4
holding STZ Non-Qualified Stock Option (right to buy) Apr 30, 2021 Class 1 (convertible) Common Stock 105K $79.61 by RES Master LLC F1, F4
holding STZ Non-Qualified Stock Option (right to buy) Apr 30, 2021 Class 1 (convertible) Common Stock 94.2K $117.12 by RES Master LLC F1, F4
holding STZ Non-Qualified Stock Option (right to buy) Apr 30, 2021 Class 1 (convertible) Common Stock 79.1K $156.84 by RES Master LLC F1, F4
holding STZ Non-Qualified Stock Option (right to buy) Apr 30, 2021 Class 1 (convertible) Common Stock 85K $172.09 by RES Master LLC F1, F4
holding STZ Non-Qualified Stock Option (right to buy) Apr 30, 2021 Class 1 (convertible) Common Stock 66.9K $228.26 by RES Master LLC F1, F5
holding STZ Non-Qualified Stock Option (right to buy) Apr 30, 2021 Class 1 (convertible) Common Stock 73.1K $207.48 by RES Master LLC F1, F5
holding STZ Non-Qualified Stock Option (right to buy) Apr 30, 2021 Class 1 (convertible) Common Stock 111K $153.02 by RES Master LLC F1, F5
holding STZ Non-Qualified Stock Option (right to buy) Apr 30, 2021 Class 1 (convertible) Common Stock 56.8K $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.