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

Role: EVP & Pres. Wine and Spirits
Signature: /s/ Matthew Stoloff, Attorney-in-fact
Issuer symbol: STZ
Transactions as of: 14 Oct 2024
Net transactions value: -$194,314
Form type: 4
Filing time: 15 Oct 2024, 17:06:57 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		+1,119	+21%		6,480	14 Oct 2024	Direct	F1, F2
transaction	STZ	Class A Common Stock	Sale	$370,809	-1,510	-23%	$245.57	4,970	14 Oct 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%	$0.000000	0	14 Oct 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%	$0.000000	0	14 Oct 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%	$0.000000	1,659	14 Oct 2024	Class 1 (convertible) Common Stock	500	$172.09	Direct	F4
transaction	STZ	Class 1 (convertible) Common Stock	Options Exercise	$19,559	+167		$117.12	167	14 Oct 2024	Class A Common Stock	167		Direct	F5
transaction	STZ	Class 1 (convertible) Common Stock	Options Exercise	$70,892	+452		$156.84	452	14 Oct 2024	Class A Common Stock	452		Direct	F5
transaction	STZ	Class 1 (convertible) Common Stock	Options Exercise	$86,045	+500		$172.09	500	14 Oct 2024	Class A Common Stock	500		Direct	F5
transaction	STZ	Class 1 (convertible) Common Stock	Conversion of derivative security	$0	-1,119	-100%	$0.000000	0	14 Oct 2024	Class A Common Stock	1,119		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.