Michael McGrew - 01 May 2024 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role
EVP, Chief Com, Strt, ESG, Div
Signature
/s/ Brian S. Bennett, Attorney-in-fact
Issuer symbol
STZ
Transactions as of
01 May 2024
Transactions value $
-$109,960
Form type
4
Filing time
03 May 2024, 16:39:18
Previous filing
29 Apr 2024
Next filing
07 May 2024
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 +314 +14.4% $0.00 2.49K 01 May 2024 Direct F1, F2, F3
transaction STZ Class A Common Stock Options Exercise $0 +973 +39.01% $0.00 3.47K 01 May 2024 Direct F4
transaction STZ Class A Common Stock Tax liability -$110K -433 -12.49% $253.95 3.03K 01 May 2024 Direct F1

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 -342 -100% $0.00* 0 01 May 2024 Class A Common Stock 342 Direct F1, F2, F5
transaction STZ Restricted Stock Units Options Exercise $0 -156 -100% $0.00* 0 01 May 2024 Class A Common Stock 156 Direct F4, F6
transaction STZ Restricted Stock Units Options Exercise $0 -113 -49.34% $0.00 116 01 May 2024 Class A Common Stock 113 Direct F4, F6
transaction STZ Restricted Stock Units Options Exercise $0 -250 -33.33% $0.00 500 01 May 2024 Class A Common Stock 250 Direct F4, F6
transaction STZ Restricted Stock Units Options Exercise $0 -454 -33.36% $0.00 907 01 May 2024 Class A Common Stock 454 Direct F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the transfer of certain shares of Class A Common Stock or performance share units, as applicable, to the reporting person's former spouse.
F2 Each performance share unit represents a contingent right to receive one share of Class A Common Stock.
F3 Includes shares of Class A Common Stock acquired in July 2023 and January 2024 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.
F4 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F5 The performance share units disposed of in the reported transaction vested on May 1, 2024. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.
F6 The restricted stock units vest in four equal annual installments beginning on the date specified. The restricted stock units disposed of in the reported transaction vested on May 1, 2024. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.
F7 The restricted stock units vest in three equal annual installments beginning on the date specified. The restricted stock units disposed of in the reported transaction vested on May 1, 2024. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.