Michael McGrew - 24 Apr 2023 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Signature
/s/ Brian S. Bennett, Attorney-in-fact
Issuer symbol
STZ
Transactions as of
24 Apr 2023
Net transactions value
$0
Form type
4
Filing time
26 Apr 2023, 16:39:52 UTC
Previous filing
06 Apr 2023
Next filing
03 May 2023

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 Award $0 +1,361 $0.000000 1,361 24 Apr 2023 Class A Common Stock 1,361 Direct F1, F2
transaction STZ Non-Qualified Stock Option (right to buy) Award $0 +3,098 $0.000000 3,098 24 Apr 2023 Class 1 (convertible) Common Stock 3,098 $224.38 Direct 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 These restricted stock units vest in three equal annual installments beginning on the date specified. Vested shares will be delivered to the reporting person as of each vesting date net of shares withheld to satisfy taxes.
F3 This option becomes exercisable in three equal annual installments beginning on the date specified.