James A. Sabia Jr. - 14 Nov 2024 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role
EVP & Pres. Beer
Signature
/s/ Matthew Stoloff, Attorney-in-fact
Issuer symbol
STZ
Transactions as of
14 Nov 2024
Net transactions value
-$4,092,731
Form type
4
Filing time
15 Nov 2024, 17:05:50 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 +29,550 +131% 52,128 14 Nov 2024 Direct F1
transaction STZ Class A Common Stock Sale $8,768,541 -36,086 -69% $242.99 16,042 14 Nov 2024 Direct F2
holding STZ Class A Common Stock 3,242 14 Nov 2024 by Family Trust 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 -6,725 -100% $0.000000 0 14 Nov 2024 Class 1 (convertible) Common Stock 6,725 $172.09 Direct F4
transaction STZ Non-Qualified Stock Option (right to buy) Options Exercise $0 -16,065 -100% $0.000000 0 14 Nov 2024 Class 1 (convertible) Common Stock 16,065 $153.02 Direct F4
transaction STZ Non-Qualified Stock Option (right to buy) Options Exercise $0 -6,760 -100% $0.000000 0 14 Nov 2024 Class 1 (convertible) Common Stock 6,760 $156.84 Direct F4
transaction STZ Class 1 (convertible) Common Stock Options Exercise $1,157,305 +6,725 $172.09 6,725 14 Nov 2024 Class A Common Stock 6,725 Direct F5
transaction STZ Class 1 (convertible) Common Stock Options Exercise $2,458,266 +16,065 $153.02 16,065 14 Nov 2024 Class A Common Stock 16,065 Direct F5
transaction STZ Class 1 (convertible) Common Stock Options Exercise $1,060,238 +6,760 $156.84 6,760 14 Nov 2024 Class A Common Stock 6,760 Direct F5
transaction STZ Class 1 (convertible) Common Stock Conversion of derivative security $0 -29,550 -100% $0.000000 0 14 Nov 2024 Class A Common Stock 29,550 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 Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $242.9400 to $243.1100, 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 Held by the James A., Jr. and Brooke M. Sabia Trust, of which the reporting person and his spouse are trustees and beneficiaries.
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.