Bourdeau James O - 01 May 2024 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role: EVP & Chief Legal Officer
Signature: /s/ Brian S. Bennett, Attorney-in-fact
Issuer symbol: STZ
Transactions as of: 01 May 2024
Net transactions value: -$489,870
Form type: 4
Filing time: 03 May 2024, 16:40:53 UTC
Previous filing: 29 Apr 2024
Next filing: 29 Apr 2025
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	+1,031	+19%	$0.000000	6,576	01 May 2024	Direct	F1, F2
transaction	STZ	Class A Common Stock	Options Exercise	$0	+3,226	+49%	$0.000000	9,802	01 May 2024	Direct	F3
transaction	STZ	Class A Common Stock	Tax liability	$489,870	-1,929	-20%	$253.95	7,873	01 May 2024	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	Performance Share Units	Options Exercise	$0	-1,031	-100%	$0.000000^*	0	01 May 2024	Class A Common Stock	1,031		Direct	F1, F4
transaction	STZ	Restricted Stock Units	Options Exercise	$0	-563	-100%	$0.000000^*	0	01 May 2024	Class A Common Stock	563		Direct	F3, F5
transaction	STZ	Restricted Stock Units	Options Exercise	$0	-896	-50%	$0.000000	895	01 May 2024	Class A Common Stock	896		Direct	F3, F5
transaction	STZ	Restricted Stock Units	Options Exercise	$0	-628	-33%	$0.000000	1,256	01 May 2024	Class A Common Stock	628		Direct	F3, F5
transaction	STZ	Restricted Stock Units	Options Exercise	$0	-1,139	-33%	$0.000000	2,278	01 May 2024	Class A Common Stock	1,139		Direct	F3, F6

* 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	Includes shares of Class A Common Stock acquired in January 2024 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.
F3	Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F4	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.
F5	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.
F6	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.