James O. Bourdeau - May 1, 2022 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role
EVP & Chief Legal Officer
Signature
/s/ Brian S. Bennett, Attorney-in-fact
Stock symbol
STZ
Transactions as of
May 1, 2022
Transactions value $
-$371,596
Form type
4
Date filed
5/3/2022, 04:52 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 +919 +56.45% $0.00 2.55K May 1, 2022 Direct F1
transaction STZ Class A Common Stock Options Exercise $0 +2.12K +83.08% $0.00 4.66K May 1, 2022 Direct F2
transaction STZ Class A Common Stock Tax liability -$372K -1.51K -32.38% $246.09 3.15K 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 -919 -100% $0.00* 0 May 1, 2022 Class A Common Stock 919 Direct F1, F3
transaction STZ Restricted Stock Units Options Exercise $0 -295 -100% $0.00* 0 May 1, 2022 Class A Common Stock 295 Direct F2, F4
transaction STZ Restricted Stock Units Options Exercise $0 -361 -50% $0.00 361 May 1, 2022 Class A Common Stock 361 Direct F2, F4
transaction STZ Restricted Stock Units Options Exercise $0 -564 -33.35% $0.00 1.13K May 1, 2022 Class A Common Stock 564 Direct F2, F4
transaction STZ Restricted Stock Units Options Exercise $0 -896 -25.01% $0.00 2.69K May 1, 2022 Class A Common Stock 896 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.