Michael McGrew - May 1, 2022 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Signature
/s/ Brian S. Bennett, Attorney-in-fact
Stock symbol
STZ
Transactions as of
May 1, 2022
Transactions value $
-$27,316
Form type
4
Date filed
5/3/2022, 04:50 PM
Previous filing
Apr 25, 2022
Next filing
Apr 6, 2023

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 +31.61% $0.00 1.66K May 1, 2022 Direct F1, F2
transaction STZ Class A Common Stock Tax liability -$27.3K -111 -6.7% $246.09 1.55K May 1, 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% $0.00* 0 May 1, 2022 Class A Common Stock 29 Direct F1, F3
transaction STZ Restricted Stock Units Options Exercise $0 -54 -50% $0.00 54 May 1, 2022 Class A Common Stock 54 Direct F1, F3
transaction STZ Restricted Stock Units Options Exercise $0 -192 -33.45% $0.00 382 May 1, 2022 Class A Common Stock 192 Direct F1, F3
transaction STZ Restricted Stock Units Options Exercise $0 -123 -25% $0.00 369 May 1, 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.