Bourdeau James O - 01 May 2022 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role
EVP & Chief Legal Officer
Signature
/s/ Brian S. Bennett, Attorney-in-fact
Issuer symbol
STZ
Transactions as of
01 May 2022
Net transactions value
-$371,596
Form type
4
Filing time
03 May 2022, 16:52:39 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 +919 +56% $0.000000 2,547 01 May 2022 Direct F1
transaction STZ Class A Common Stock Options Exercise $0 +2,116 +83% $0.000000 4,663 01 May 2022 Direct F2
transaction STZ Class A Common Stock Tax liability $371,596 -1,510 -32% $246.09 3,153 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 -919 -100% $0.000000* 0 01 May 2022 Class A Common Stock 919 Direct F1, F3
transaction STZ Restricted Stock Units Options Exercise $0 -295 -100% $0.000000* 0 01 May 2022 Class A Common Stock 295 Direct F2, F4
transaction STZ Restricted Stock Units Options Exercise $0 -361 -50% $0.000000 361 01 May 2022 Class A Common Stock 361 Direct F2, F4
transaction STZ Restricted Stock Units Options Exercise $0 -564 -33% $0.000000 1,127 01 May 2022 Class A Common Stock 564 Direct F2, F4
transaction STZ Restricted Stock Units Options Exercise $0 -896 -25% $0.000000 2,687 01 May 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.