Michael McGrew - 01 May 2022 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role
The reporting person is EVP, Chief Communications, CSR & Diversity Officer.
Signature
/s/ Brian S. Bennett, Attorney-in-fact
Issuer symbol
STZ
Transactions as of
01 May 2022
Net transactions value
-$27,316
Form type
4
Filing time
03 May 2022, 16:50:09 UTC
Previous filing
25 Apr 2022
Next filing
06 Apr 2023
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 +398 +32% $0.000000 1,657 01 May 2022 Direct F1, F2
transaction STZ Class A Common Stock Tax liability $27,316 -111 -6.7% $246.09 1,546 01 May 2022 Direct

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 -29 -100% $0.000000* 0 01 May 2022 Class A Common Stock 29 Direct F1, F3
transaction STZ Restricted Stock Units Options Exercise $0 -54 -50% $0.000000 54 01 May 2022 Class A Common Stock 54 Direct F1, F3
transaction STZ Restricted Stock Units Options Exercise $0 -192 -33% $0.000000 382 01 May 2022 Class A Common Stock 192 Direct F1, F3
transaction STZ Restricted Stock Units Options Exercise $0 -123 -25% $0.000000 369 01 May 2022 Class A Common Stock 123 Direct F1, 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 Includes shares of Class A Common Stock acquired in July 2021 and January 2022 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.
F3 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.

Remarks:

The reporting person is EVP, Chief Communications, CSR & Diversity Officer.