Garth Hankinson - 08 Aug 2024 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role
EVP & CFO
Signature
/s/ Brian Bennett, Attorney-in-fact
Issuer symbol
STZ
Transactions as of
08 Aug 2024
Net transactions value
-$2,590,094
Form type
4
Filing time
12 Aug 2024, 17:20:50 UTC
Previous filing
03 May 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 Conversion of derivative security +13,583 +116% 25,285 08 Aug 2024 Direct F1
transaction STZ Class A Common Stock Sale $3,259,920 -13,583 -54% $240.00 11,702 08 Aug 2024 Direct
transaction STZ Class A Common Stock Conversion of derivative security +20,097 +172% 31,799 09 Aug 2024 Direct F1
transaction STZ Class A Common Stock Sale $4,826,574 -20,097 -63% $240.16 11,702 09 Aug 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 -1,470 -100% $0.000000* 0 08 Aug 2024 Class 1 (convertible) Common Stock 1,470 $117.12 Direct F3
transaction STZ Non-Qualified Stock Option (right to buy) Options Exercise $0 -2,267 -100% $0.000000* 0 08 Aug 2024 Class 1 (convertible) Common Stock 2,267 $156.84 Direct F3
transaction STZ Non-Qualified Stock Option (right to buy) Options Exercise $0 -2,464 -100% $0.000000* 0 08 Aug 2024 Class 1 (convertible) Common Stock 2,464 $172.09 Direct F3
transaction STZ Non-Qualified Stock Option (right to buy) Options Exercise $0 -2,439 -100% $0.000000* 0 08 Aug 2024 Class 1 (convertible) Common Stock 2,439 $228.26 Direct F3
transaction STZ Non-Qualified Stock Option (right to buy) Options Exercise $0 -2,870 -100% $0.000000* 0 08 Aug 2024 Class 1 (convertible) Common Stock 2,870 $207.48 Direct F3
transaction STZ Non-Qualified Stock Option (right to buy) Options Exercise $0 -2,073 -9.4% $0.000000 20,097 08 Aug 2024 Class 1 (convertible) Common Stock 2,073 $153.02 Direct F3
transaction STZ Class 1 (convertible) Common Stock Options Exercise $172,166 +1,470 $117.12 1,470 08 Aug 2024 Class A Common Stock 1,470 Direct F4
transaction STZ Class 1 (convertible) Common Stock Options Exercise $355,556 +2,267 $156.84 2,267 08 Aug 2024 Class A Common Stock 2,267 Direct F4
transaction STZ Class 1 (convertible) Common Stock Options Exercise $424,030 +2,464 $172.09 2,464 08 Aug 2024 Class A Common Stock 2,464 Direct F4
transaction STZ Class 1 (convertible) Common Stock Options Exercise $556,726 +2,439 $228.26 2,439 08 Aug 2024 Class A Common Stock 2,439 Direct F4
transaction STZ Class 1 (convertible) Common Stock Options Exercise $595,468 +2,870 $207.48 2,870 08 Aug 2024 Class A Common Stock 2,870 Direct F4
transaction STZ Class 1 (convertible) Common Stock Options Exercise $317,210 +2,073 $153.02 2,073 08 Aug 2024 Class A Common Stock 2,073 Direct F4
transaction STZ Class 1 (convertible) Common Stock Conversion of derivative security $0 -13,583 -100% $0.000000* 0 08 Aug 2024 Class A Common Stock 13,583 Direct F4
transaction STZ Non-Qualified Stock Option (right to buy) Options Exercise $0 -20,097 -100% $0.000000* 0 09 Aug 2024 Class 1 (convertible) Common Stock 20,097 $153.02 Direct F3
transaction STZ Class 1 (convertible) Common Stock Options Exercise $3,075,243 +20,097 $153.02 20,097 09 Aug 2024 Class A Common Stock 20,097 Direct F4
transaction STZ Class 1 (convertible) Common Stock Conversion of derivative security $0 -20,097 -100% $0.000000* 0 09 Aug 2024 Class A Common Stock 20,097 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.