William A. Newlands - May 1, 2022 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role
President & CEO, Director
Signature
/s/ Brian S. Bennett, Attorney-in-fact
Stock symbol
STZ
Transactions as of
May 1, 2022
Transactions value $
-$1,009,953
Form type
4
Date filed
5/3/2022, 04:51 PM
Previous filing
Apr 25, 2022
Next filing
May 6, 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 +3.67K +28.91% $0.00 16.4K May 1, 2022 Direct F1, F2
transaction STZ Class A Common Stock Options Exercise $0 +6.31K +38.54% $0.00 22.7K May 1, 2022 Direct F3
transaction STZ Class A Common Stock Tax liability -$1.01M -4.1K -18.09% $246.09 18.6K 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 Performance Share Units Options Exercise $0 -3.67K -100% $0.00* 0 May 1, 2022 Class A Common Stock 3.67K Direct F1, F4
transaction STZ Restricted Stock Units Options Exercise $0 -640 -100% $0.00* 0 May 1, 2022 Class A Common Stock 640 Direct F3, F5
transaction STZ Restricted Stock Units Options Exercise $0 -1.45K -50% $0.00 1.45K May 1, 2022 Class A Common Stock 1.45K Direct F3, F5
transaction STZ Restricted Stock Units Options Exercise $0 -2.57K -33.33% $0.00 5.15K May 1, 2022 Class A Common Stock 2.57K Direct F3, F5
transaction STZ Restricted Stock Units Options Exercise $0 -1.65K -25.01% $0.00 4.96K May 1, 2022 Class A Common Stock 1.65K Direct F3, 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 Includes shares of Class A Common Stock acquired in January 2022 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.
F3 Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
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.