Robert Lee Hanson - 01 May 2022 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role
EVP & Pres. Wine and Spirits
Signature
/s/ Brian S. Bennett, Attorney-in-fact
Issuer symbol
STZ
Transactions as of
01 May 2022
Net transactions value
-$628,022
Form type
4
Filing time
03 May 2022, 16:52:14 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 +1,653 +30% $0.000000 7,216 01 May 2022 Direct F1
transaction STZ Class A Common Stock Options Exercise $0 +3,645 +51% $0.000000 10,861 01 May 2022 Direct F2
transaction STZ Class A Common Stock Tax liability $628,022 -2,552 -23% $246.09 8,309 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 Performance Share Units Options Exercise $0 -1,653 -100% $0.000000* 0 01 May 2022 Class A Common Stock 1,653 Direct F1, F3
transaction STZ Restricted Stock Units Options Exercise $0 -1,977 -50% $0.000000 1,975 01 May 2022 Class A Common Stock 1,977 Direct F2, F4
transaction STZ Restricted Stock Units Options Exercise $0 -865 -33% $0.000000 1,730 01 May 2022 Class A Common Stock 865 Direct F2, F4
transaction STZ Restricted Stock Units Options Exercise $0 -803 -25% $0.000000 2,408 01 May 2022 Class A Common Stock 803 Direct F2, F4
* 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 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.
F4 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.