James A. Sabia Jr. - May 1, 2023 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role
EVP & Pres. Beer
Signature
/s/ Brian S. Bennett, Attorney-in-fact
Stock symbol
STZ
Transactions as of
May 1, 2023
Transactions value $
-$237,597
Form type
4
Date filed
5/3/2023, 04:35 PM
Previous filing
Apr 26, 2023
Next filing
Apr 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STZ Class A Common Stock Options Exercise $0 +1.1K +4.04% $0.00 28.2K May 1, 2023 Direct F1
transaction STZ Class A Common Stock Options Exercise $0 +1.42K +5.02% $0.00 29.6K May 1, 2023 Direct F2
transaction STZ Class A Common Stock Tax liability -$238K -1.03K -3.48% $230.23 28.6K May 1, 2023 Direct
holding STZ Class A Common Stock 3.24K May 1, 2023 by Family Trust F3

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 -1.1K -100% $0.00* 0 May 1, 2023 Class A Common Stock 1.1K Direct F1, F4
transaction STZ Restricted Stock Units Options Exercise $0 -286 -100% $0.00* 0 May 1, 2023 Class A Common Stock 286 Direct F2, F5
transaction STZ Restricted Stock Units Options Exercise $0 -408 -50% $0.00 408 May 1, 2023 Class A Common Stock 408 Direct F2, F5
transaction STZ Restricted Stock Units Options Exercise $0 -315 -33.37% $0.00 629 May 1, 2023 Class A Common Stock 315 Direct F2, F5
transaction STZ Restricted Stock Units Options Exercise $0 -406 -25.02% $0.00 1.22K May 1, 2023 Class A Common Stock 406 Direct F2, F5
* 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 Class A Common Stock.
F2 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F3 Held by the James A., Jr. and Brooke M. Sabia Trust, of which the reporting person and his spouse are trustees and beneficiaries.
F4 The performance share units disposed of in the reported transaction vested on May 1, 2023. Vested shares will be delivered to the reporting person on the vesting date net of shares withheld to satisfy taxes.
F5 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, 2023. Vested shares will be delivered to the reporting person as of each vesting date net of shares withheld to satisfy taxes.