Kaneenat Kristann Carey - Jul 12, 2024 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role
EVP & Chief HR Officer
Signature
/s/ Brian Bennett, Attorney-in-fact
Stock symbol
STZ
Transactions as of
Jul 12, 2024
Transactions value $
-$105,496
Form type
4
Date filed
7/16/2024, 05:02 PM
Previous filing
May 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STZ Class A Common Stock Conversion of derivative security +977 +36.1% 3.68K Jul 12, 2024 Direct F1
transaction STZ Class A Common Stock Sale -$255K -977 -26.53% $261.00 2.71K Jul 12, 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 Non-Qualified Stock Option (right to buy) Options Exercise $0 -977 -100% $0.00* 0 Jul 12, 2024 Class 1 (convertible) Common Stock 977 $153.02 Direct F2
transaction STZ Class 1 (convertible) Common Stock Options Exercise $150K +977 $153.02 977 Jul 12, 2024 Class A Common Stock 977 Direct F3
transaction STZ Class 1 (convertible) Common Stock Conversion of derivative security $0 -977 -100% $0.00* 0 Jul 12, 2024 Class A Common Stock 977 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares of Class A Common Stock were received upon the conversion of shares of Class 1 Common Stock on a one-to-one basis.
F2 100% of this option has become exercisable.
F3 Shares of Class 1 Common Stock are convertible into shares of Class A Common Stock of the issuer on a one-to-one basis. In accordance with the certificate of incorporation of Constellation Brands, Inc., any shares of Class A Common Stock issued upon conversion of shares of Class 1 Common Stock must be sold immediately in connection with the conversion. Class 1 Common Stock is not traded on any stock exchange.