James A. Locke III - Jul 10, 2023 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role: Director
Signature: /s/ Brian S. Bennett, Attorney-in-fact
Stock symbol: STZ
Transactions as of: Jul 10, 2023
Transactions value $: $0
Form type: 4
Date filed: 7/11/2023, 04:50 PM
Previous filing: Nov 14, 2022
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		$0.00	469	Jul 10, 2023	Direct	F1
holding	STZ	Class A Common Stock						40.9K	Jul 10, 2023	James A. Locke III Revocable Trust	F2

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%	$0.00^*	0	Jul 10, 2023	Class A Common Stock	469		Direct	F1, 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	Held by the James A. Locke III Revocable Trust, of which the reporting person serves as trustee and is the sole beneficiary.
F3	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.