Ernesto M. Hernandez - 10 Jul 2023 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role: Director
Signature: /s/ Brian Bennett, Attorney-in-fact
Issuer symbol: STZ
Transactions as of: 10 Jul 2023
Net transactions value: -$8,307
Form type: 4
Filing time: 11 Jul 2023, 16:45:59 UTC
Previous filing: 06 Jun 2023
Next filing: 25 Jul 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	+469	+15%	$0.000000	3,682	10 Jul 2023	Direct	F1
transaction	STZ	Class A Common Stock	Tax liability	$8,307	-33	-0.9%	$251.72	3,649	10 Jul 2023	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	Restricted Stock Units	Options Exercise	$0	-469	-100%	$0.000000^*	0	10 Jul 2023	Class A Common Stock	469		Direct	F1, F2

* 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	All of these restricted stock units vest on the date specified. Vested shares will be delivered to the reporting person as of the vesting date net of shares withheld to satisfy taxes.