James A. Sabia Jr. - 01 May 2022 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Signature
/s/ Brian S. Bennett, Attorney-in-fact
Issuer symbol
STZ
Transactions as of
01 May 2022
Net transactions value
-$198,841
Form type
4
Filing time
03 May 2022, 16:49:17 UTC
Previous filing
25 Apr 2022
Next filing
19 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STZ Class A Common Stock Options Exercise $0 +728 +1.6% $0.000000 46,652 01 May 2022 Direct F1
transaction STZ Class A Common Stock Options Exercise $0 +1,392 +3% $0.000000 48,044 01 May 2022 Direct F2
transaction STZ Class A Common Stock Tax liability $198,841 -808 -1.7% $246.09 47,236 01 May 2022 Direct
holding STZ Class A Common Stock 2,392 01 May 2022 by Family Trust F3

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 Performance Share Units Options Exercise $0 -728 -100% $0.000000* 0 01 May 2022 Class A Common Stock 728 Direct F1, F4
transaction STZ Restricted Stock Units Options Exercise $0 -382 -100% $0.000000* 0 01 May 2022 Class A Common Stock 382 Direct F2, F5
transaction STZ Restricted Stock Units Options Exercise $0 -286 -50% $0.000000 286 01 May 2022 Class A Common Stock 286 Direct F2, F5
transaction STZ Restricted Stock Units Options Exercise $0 -409 -33% $0.000000 816 01 May 2022 Class A Common Stock 409 Direct F2, F5
transaction STZ Restricted Stock Units Options Exercise $0 -315 -25% $0.000000 944 01 May 2022 Class A Common Stock 315 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
F2 Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
F3 Held by the James A., Jr. and Brooke M. Sabia Trust, of which the reporting person and his spouse are trustees and beneficiaries.
F4 The performance share units disposed of in the reported transaction vested on May 1, 2022. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.
F5 The restricted stock units vest in four equal annual installments beginning on the first date specified. The restricted stock units disposed of in the reported transaction vested on May 1, 2022. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.