James A. Locke III - 10 Jul 2021 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role
Director
Signature
/s/Barbara J. LaVerdi, Attorney-in-fact
Issuer symbol
STZ
Transactions as of
10 Jul 2021
Net transactions value
$0
Form type
4
Filing time
13 Jul 2021, 19:08:28 UTC
Next filing
22 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STZ Class A Common Stock Options Exercise $0 +567 $0.000000 567 10 Jul 2021 Direct F1
holding STZ Class A Common Stock 39,517 10 Jul 2021 James A. Locke III Revocable Trust 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
transaction STZ Restricted Stock Units Options Exercise $0 -567 -100% $0.000000* 0 10 Jul 2021 Class A Common Stock 567 Direct F1, F3
holding STZ Non-Qualified Stock Option (right to buy) 2,750 10 Jul 2021 Class 1 (convertible) Common Stock 2,750 $50.90 James A. Locke III Revocable Trust F2, F4
holding STZ Non-Qualified Stock Option (right to buy) 1,606 10 Jul 2021 Class 1 (convertible) Common Stock 1,606 $87.13 James A. Locke III Revocable Trust F2, F4
holding STZ Non-Qualified Stock Option (right to buy) 1,172 10 Jul 2021 Class 1 (convertible) Common Stock 1,172 $119.37 James A. Locke III Revocable Trust F2, F4
holding STZ Non-Qualified Stock Option (right to buy) 1,267 10 Jul 2021 Class 1 (convertible) Common Stock 1,267 $166.34 James A. Locke III Revocable Trust F2, F4
holding STZ Non-Qualified Stock Option (right to buy) 1,041 10 Jul 2021 Class 1 (convertible) Common Stock 1,041 $197.18 James A. Locke III Revocable Trust F2, F4
holding STZ Non-Qualified Stock Option (right to buy) 1,015 10 Jul 2021 Class 1 (convertible) Common Stock 1,015 $213.85 James A. Locke III Revocable Trust F2, F4
holding STZ Non-Qualified Stock Option (right to buy) 1,289 10 Jul 2021 Class 1 (convertible) Common Stock 1,289 $197.88 James A. Locke III Revocable Trust F2, F4
holding STZ Non-Qualified Stock Option (right to buy) 1,391 10 Jul 2021 Class 1 (convertible) Common Stock 1,391 $180.77 James A. Locke III Revocable Trust F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
F2 Held by the James A. Locke III Revocable Trust, of which the reporting person serves as trustee and is the sole beneficiary.
F3 The restricted stock units disposed of in the reported transaction vested on the date specified. Vested shares are delivered to the reporting person as of the vesting date.
F4 Reflects a change in beneficial ownership of the reported Non-Qualified Stock Options from direct to indirect. On July 9, 2021, the reporting person transferred the Non-Qualified Stock Options to the James A Locke III Revocable Trust.