| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | STZ | Class A Common Stock | 5.48M | Nov 30, 2021 | by Richard Sands Master Trust | F1, F2 | |||||
| holding | STZ | Class A Common Stock | 150K | Nov 30, 2021 | by RES Master LLC | F3 | |||||
| holding | STZ | Class A Common Stock | 15.7K | Nov 30, 2021 | By Spouse | F4 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | STZ | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -357K | -100% | $0.00* | 0 | Nov 30, 2021 | Class 1 (convertible) Common Stock | 357K | $24.50 | by RES Master LLC | F3, F5 |
| transaction | STZ | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -167K | -100% | $0.00* | 0 | Nov 30, 2021 | Class 1 (convertible) Common Stock | 167K | $47.79 | by RES Master LLC | F3, F5 |
| transaction | STZ | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -105K | -100% | $0.00* | 0 | Nov 30, 2021 | Class 1 (convertible) Common Stock | 105K | $79.61 | by RES Master LLC | F3, F5 |
| transaction | STZ | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -94.2K | -100% | $0.00* | 0 | Nov 30, 2021 | Class 1 (convertible) Common Stock | 94.2K | $117.12 | by RES Master LLC | F3, F5 |
| transaction | STZ | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -79.1K | -100% | $0.00* | 0 | Nov 30, 2021 | Class 1 (convertible) Common Stock | 79.1K | $156.84 | by RES Master LLC | F3, F5 |
| transaction | STZ | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -85K | -100% | $0.00* | 0 | Nov 30, 2021 | Class 1 (convertible) Common Stock | 85K | $172.09 | by RES Master LLC | F3, F5 |
| transaction | STZ | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -36.5K | -50% | $0.00 | 36.5K | Nov 30, 2021 | Class 1 (convertible) Common Stock | 36.5K | $207.48 | by RES Master LLC | F3, F6 |
| transaction | STZ | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -27.9K | -25% | $0.00 | 83.6K | Nov 30, 2021 | Class 1 (convertible) Common Stock | 27.9K | $153.02 | by RES Master LLC | F3, F6 |
| transaction | STZ | Class 1 (convertible) Common Stock | Options Exercise | +952K | 952K | Nov 30, 2021 | Class A Common Stock | 952K | by RES Master LLC | F3, F7, F8 | ||||
| holding | STZ | Class B (convertible) Common Stock | 22.7M | Nov 30, 2021 | Class A Common Stock | 22.7M | by Richard Sands Master Trust | F1, F2, F9 | ||||||
| holding | STZ | Class B (convertible) Common Stock | 37.4K | Nov 30, 2021 | Class A Common Stock | 37.4K | by RES Master LLC | F3, F9 | ||||||
| holding | STZ | Non-Qualified Stock Option (right to buy) | 66.9K | Nov 30, 2021 | Class 1 (convertible) Common Stock | 66.9K | $228.26 | by RES Master LLC | F3, F6, F10 |
| Id | Content |
|---|---|
| F1 | Previously reported as indirectly held through RRA&Z Holdings LLC ("RRAZ"). The reporting person has transferred his membership interests in RRAZ to RES Master LLC. |
| F2 | The sole member of RES Master LLC is the Richard Sands Master Trust, for which the reporting person serves as trustee and is the sole beneficiary. Various Sands family limited partnerships directly own the reported shares of Class A Common Stock and Class B Common Stock. WildStar Partners LLC ("WildStar") holds a .045% co-general partner interest in those family limited partnerships. RRAZ is the sole member of WildStar. |
| F3 | RES Master LLC is the direct owner of these securities. The sole member of RES Master LLC is the Richard Sands Master Trust, for which the reporting person serves as trustee and is the sole beneficiary. |
| F4 | The reporting person disclaims beneficial ownership with respect to securities held in this manner, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose. |
| F5 | 100% of this option has become exercisable. |
| F6 | This option becomes exercisable at the rate of 25% per year beginning on the date specified. |
| F7 | 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. |
| F8 | The shares of Class 1 Common Stock were acquired at the following prices: 357,030 at $24.50; 167,370 at $47.79; 105,200 at $79.61; 94,170 at $117.12; 79,141 at $156.84; 84,970 at $172.09; 36,544 at $207.48; and 27,857 at $153.02. |
| F9 | 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. |
| F10 | Previously reported as directly held by the reporting person. The reporting person has transferred the Non-Qualified Stock Options to RES Master LLC. |