Garth Hankinson - Apr 21, 2022 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role
EVP & CFO
Signature
/s/ Brian S. Bennett, Attorney-in-fact
Stock symbol
STZ
Transactions as of
Apr 21, 2022
Transactions value $
$0
Form type
4
Date filed
4/25/2022, 05:20 PM
Previous filing
Apr 7, 2022
Next filing
May 3, 2022

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 Award $0 +3.02K $0.00 3.02K Apr 21, 2022 Class A Common Stock 3.02K Direct F1, F2
transaction STZ Non-Qualified Stock Option (right to buy) Award $0 +20.4K $0.00 20.4K Apr 21, 2022 Class 1 (convertible) Common Stock 20.4K $254.21 Direct F3
* 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 These restricted stock units vest in four equal annual installments beginning on the date specified. Vested shares will be delivered to the reporting person as of each vesting date net of shares withheld to satisfy taxes.
F3 This option becomes exercisable at the rate of 25% per year beginning on the date specified.