William A. Newlands - 25 Apr 2024 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role
President & CEO, Director
Signature
/s/ Matthew Stoloff, Attorney-in-fact
Issuer symbol
STZ
Transactions as of
25 Apr 2024
Net transactions value
$0
Form type
4
Filing time
29 Apr 2024, 16:47:29 UTC
Previous filing
23 Apr 2024
Next filing
03 May 2024
SEC
View on sec.gov

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 +12,610 $0.000000 12,610 25 Apr 2024 Class A Common Stock 12,610 Direct F1, F2
transaction STZ Non-Qualified Stock Option (right to buy) Award $0 +26,402 $0.000000 26,402 25 Apr 2024 Class 1 (convertible) Common Stock 26,402 $261.71 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.