Garth Hankinson - Aug 8, 2024 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role
EVP & CFO
Signature
/s/ Brian Bennett, Attorney-in-fact
Stock symbol
STZ
Transactions as of
Aug 8, 2024
Transactions value $
-$2,590,094
Form type
4
Date filed
8/12/2024, 05:20 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 +13.6K +116.07% 25.3K Aug 8, 2024 Direct F1
transaction STZ Class A Common Stock Sale -$3.26M -13.6K -53.72% $240.00 11.7K Aug 8, 2024 Direct
transaction STZ Class A Common Stock Conversion of derivative security +20.1K +171.74% 31.8K Aug 9, 2024 Direct F1
transaction STZ Class A Common Stock Sale -$4.83M -20.1K -63.2% $240.16 11.7K Aug 9, 2024 Direct 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 Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.47K -100% $0.00* 0 Aug 8, 2024 Class 1 (convertible) Common Stock 1.47K $117.12 Direct F3
transaction STZ Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.27K -100% $0.00* 0 Aug 8, 2024 Class 1 (convertible) Common Stock 2.27K $156.84 Direct F3
transaction STZ Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.46K -100% $0.00* 0 Aug 8, 2024 Class 1 (convertible) Common Stock 2.46K $172.09 Direct F3
transaction STZ Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.44K -100% $0.00* 0 Aug 8, 2024 Class 1 (convertible) Common Stock 2.44K $228.26 Direct F3
transaction STZ Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.87K -100% $0.00* 0 Aug 8, 2024 Class 1 (convertible) Common Stock 2.87K $207.48 Direct F3
transaction STZ Non-Qualified Stock Option (right to buy) Options Exercise $0 -2.07K -9.35% $0.00 20.1K Aug 8, 2024 Class 1 (convertible) Common Stock 2.07K $153.02 Direct F3
transaction STZ Class 1 (convertible) Common Stock Options Exercise $172K +1.47K $117.12 1.47K Aug 8, 2024 Class A Common Stock 1.47K Direct F4
transaction STZ Class 1 (convertible) Common Stock Options Exercise $356K +2.27K $156.84 2.27K Aug 8, 2024 Class A Common Stock 2.27K Direct F4
transaction STZ Class 1 (convertible) Common Stock Options Exercise $424K +2.46K $172.09 2.46K Aug 8, 2024 Class A Common Stock 2.46K Direct F4
transaction STZ Class 1 (convertible) Common Stock Options Exercise $557K +2.44K $228.26 2.44K Aug 8, 2024 Class A Common Stock 2.44K Direct F4
transaction STZ Class 1 (convertible) Common Stock Options Exercise $595K +2.87K $207.48 2.87K Aug 8, 2024 Class A Common Stock 2.87K Direct F4
transaction STZ Class 1 (convertible) Common Stock Options Exercise $317K +2.07K $153.02 2.07K Aug 8, 2024 Class A Common Stock 2.07K Direct F4
transaction STZ Class 1 (convertible) Common Stock Conversion of derivative security $0 -13.6K -100% $0.00* 0 Aug 8, 2024 Class A Common Stock 13.6K Direct F4
transaction STZ Non-Qualified Stock Option (right to buy) Options Exercise $0 -20.1K -100% $0.00* 0 Aug 9, 2024 Class 1 (convertible) Common Stock 20.1K $153.02 Direct F3
transaction STZ Class 1 (convertible) Common Stock Options Exercise $3.08M +20.1K $153.02 20.1K Aug 9, 2024 Class A Common Stock 20.1K Direct F4
transaction STZ Class 1 (convertible) Common Stock Conversion of derivative security $0 -20.1K -100% $0.00* 0 Aug 9, 2024 Class A Common Stock 20.1K Direct F4
* 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 Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $240.0000 to $240.6200, inclusive. Upon request by the Commission staff, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
F3 100% of this option has become exercisable.
F4 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.