William A. Newlands - Apr 24, 2023 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
Apr 24, 2023
Transactions value $
$0
Form type
4
Date filed
4/26/2023, 04:40 PM
Previous filing
Apr 6, 2023
Next filing
May 3, 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 +13.4K $0.00 13.4K Apr 24, 2023 Class A Common Stock 13.4K Direct F1, F2
transaction STZ Non-Qualified Stock Option (right to buy) Award $0 +30.4K $0.00 30.4K Apr 24, 2023 Class 1 (convertible) Common Stock 30.4K $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.