Samuel J. Glaetzer - Oct 14, 2024 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role
EVP & Pres. Wine and Spirits
Signature
/s/ Matthew Stoloff, Attorney-in-fact
Stock symbol
STZ
Transactions as of
Oct 14, 2024
Transactions value $
-$194,314
Form type
4
Date filed
10/15/2024, 05:06 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 +1.12K +20.87% 6.48K Oct 14, 2024 Direct F1, F2
transaction STZ Class A Common Stock Sale -$371K -1.51K -23.3% $245.57 4.97K Oct 14, 2024 Direct F3

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 -167 -100% $0.00 0 Oct 14, 2024 Class 1 (convertible) Common Stock 167 $117.12 Direct F4
transaction STZ Non-Qualified Stock Option (right to buy) Options Exercise $0 -452 -100% $0.00 0 Oct 14, 2024 Class 1 (convertible) Common Stock 452 $156.84 Direct F4
transaction STZ Non-Qualified Stock Option (right to buy) Options Exercise $0 -500 -23.16% $0.00 1.66K Oct 14, 2024 Class 1 (convertible) Common Stock 500 $172.09 Direct F4
transaction STZ Class 1 (convertible) Common Stock Options Exercise $19.6K +167 $117.12 167 Oct 14, 2024 Class A Common Stock 167 Direct F5
transaction STZ Class 1 (convertible) Common Stock Options Exercise $70.9K +452 $156.84 452 Oct 14, 2024 Class A Common Stock 452 Direct F5
transaction STZ Class 1 (convertible) Common Stock Options Exercise $86K +500 $172.09 500 Oct 14, 2024 Class A Common Stock 500 Direct F5
transaction STZ Class 1 (convertible) Common Stock Conversion of derivative security $0 -1.12K -100% $0.00 0 Oct 14, 2024 Class A Common Stock 1.12K Direct F5
* 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 Includes shares of Class A Common Stock acquired in July 2024 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.
F3 Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $245.5600 to $245.5951, 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.
F4 100% of this option has become exercisable.
F5 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.