Robert 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, Robert 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, 19:38:43 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 549,301 30 Apr 2021 by RSS 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 1 (convertible) Common Stock 30 Apr 2021 Class A Common Stock 593,352 by RSS 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, F4
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 131,088 $153.02 by RSS Master LLC F1, F5
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 114,560 $47.79 by RSS Master LLC F1, F6
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 45,480 $228.26 by RSS Master LLC F1, F5
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 57,772 $172.09 by RSS Master LLC F1, F6
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 212,380 $24.50 by RSS Master LLC F1, F6
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 72,010 $79.61 by RSS Master LLC F1, F6
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 66,878 $238.31 by RSS Master LLC F1, F5
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 64,460 $117.12 by RSS Master LLC F1, F6
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 85,985 $207.48 by RSS Master LLC F1, F5
holding STZ Non-Qualified Stock Option (right to buy) 30 Apr 2021 Class 1 (convertible) Common Stock 54,168 $156.84 by RSS Master LLC F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSS Master LLC is the direct owner of these securities. RSS Master LLC is a limited liability company that is wholly-owned by the Robert Sands Master Trust.
F2 The reported shares are also indirectly owned by RSS 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 RSS Master LLC is a member of RRA&Z. RSS Master LLC is a sole member limited liability company of which the Robert SandsMaster Trust is the sole owner.
F3 Shares of Class 1 Common Stock are convertible to shares of Class A Common Stock of the Issuer on a one-to-one basis in connection with the holders' sale of the shares of Class A Common Stock received upon the conversion. Class 1 Common Stock is not traded on any stock exchange.
F4 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.
F5 This option becomes exercisable at the rate of 25% per year beginning on the date specified.
F6 100% of this option has become exercisable.

Remarks:

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