| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | STZ | Class A Common Stock | 8.6K | Nov 30, 2021 | Direct | ||||||
| holding | STZ | Class A Common Stock | 5.48M | Nov 30, 2021 | by Robert Sands Master Trust | F1, F2 | |||||
| holding | STZ | Class A Common Stock | 549K | Nov 30, 2021 | by RSS Master LLC | F3, F4 | |||||
| holding | STZ | Class A Common Stock | 19.3K | Nov 30, 2021 | by Pamela K. Sands 2016 Descendants' Trust | F5 | |||||
| holding | STZ | Class A Common Stock | 1.77K | Nov 30, 2021 | By Spouse | F6 |
| 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 | -212K | -100% | $0.00* | 0 | Nov 30, 2021 | Class 1 (convertible) Common Stock | 212K | $24.50 | by RSS Master LLC | F4, F7 |
| transaction | STZ | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -115K | -100% | $0.00* | 0 | Nov 30, 2021 | Class 1 (convertible) Common Stock | 115K | $47.79 | by RSS Master LLC | F4, F7 |
| transaction | STZ | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -72K | -100% | $0.00* | 0 | Nov 30, 2021 | Class 1 (convertible) Common Stock | 72K | $79.61 | by RSS Master LLC | F4, F7 |
| transaction | STZ | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -64.5K | -100% | $0.00* | 0 | Nov 30, 2021 | Class 1 (convertible) Common Stock | 64.5K | $117.12 | by RSS Master LLC | F4, F7 |
| transaction | STZ | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -54.2K | -100% | $0.00* | 0 | Nov 30, 2021 | Class 1 (convertible) Common Stock | 54.2K | $156.84 | by RSS Master LLC | F4, F7 |
| transaction | STZ | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -57.8K | -100% | $0.00* | 0 | Nov 30, 2021 | Class 1 (convertible) Common Stock | 57.8K | $172.09 | by RSS Master LLC | F4, F7 |
| transaction | STZ | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -43K | -50% | $0.00 | 43K | Nov 30, 2021 | Class 1 (convertible) Common Stock | 43K | $207.48 | by RSS Master LLC | F4, F8 |
| transaction | STZ | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -32.8K | -25% | $0.00 | 98.3K | Nov 30, 2021 | Class 1 (convertible) Common Stock | 32.8K | $153.02 | by RSS Master LLC | F4, F8 |
| transaction | STZ | Class 1 (convertible) Common Stock | Options Exercise | +651K | +109.74% | 1.24M | Nov 30, 2021 | Class A Common Stock | 651K | by RSS Master LLC | F4, F9, F10 | |||
| holding | STZ | Class B (convertible) Common Stock | 22.7M | Nov 30, 2021 | Class A Common Stock | 22.7M | by Robert Sands Master Trust | F1, F2, F11 | ||||||
| holding | STZ | Non-Qualified Stock Option (right to buy) | 45.5K | Nov 30, 2021 | Class 1 (convertible) Common Stock | 45.5K | $228.26 | by RSS Master LLC | F4, F8 | |||||
| holding | STZ | Non-Qualified Stock Option (right to buy) | 66.9K | Nov 30, 2021 | Class 1 (convertible) Common Stock | 66.9K | $238.31 | by RSS Master LLC | F4, F8 |
| 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 RSS Master LLC. |
| F2 | The sole member of RSS Master LLC is the Robert 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 | 3,366 shares of Class A Common Stock were previously reported as held directly by the reporting person. The reporting person has transferred the securities to RSS Master LLC, which is the direct owner of these securities. |
| F4 | RSS Master LLC is the direct owner of these securities. The sole member of RSS Master LLC is the Robert Sands Master Trust, for which the reporting person serves as trustee and is the sole beneficiary. |
| F5 | These shares are held in a trust for the benefit of the reporting person's stepchildren. The reporting person's spouse is the trustee of this trust. 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. |
| F6 | 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. |
| F7 | 100% of this option has become exercisable. |
| F8 | This option becomes exercisable at the rate of 25% per year beginning on the date specified. |
| F9 | 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. |
| F10 | The shares of Class 1 Common Stock were acquired at the following prices: 212,380 at $24.50; 114,560 at $47.79; 72,010 at $79.61; 64,460 at $117.12; 54,168 at $156.84; 57,772 at $172.09; 42,993 at $207.48; and 32,772 at $153.02. |
| F11 | 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. |