| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | STZ | Class A Common Stock | Conversion of derivative security | +1.24M | +226.18% | 1.79M | Jul 15, 2022 | By RSS Master LLC | F1, F2 | ||
| transaction | STZ | Class A Common Stock | Sale | -$302M | -1.24M | -69.34% | $242.81 | 550K | Jul 15, 2022 | By RSS Master LLC | F2 |
| transaction | STZ | Class A Common Stock | Sale | -$44.5M | -183K | -3.34% | $242.81 | 5.3M | Jul 15, 2022 | By Robert Sands Master Trust | F3, F4 |
| holding | STZ | Class A Common Stock | 8.6K | Jul 15, 2022 | Direct | F5 | |||||
| holding | STZ | Class A Common Stock | 19.3K | Jul 15, 2022 | By Pamela K. Sands 2016 Descendants' Trust | F6 | |||||
| holding | STZ | Class A Common Stock | 1.77K | Jul 15, 2022 | By Spouse | F7 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | STZ | Class 1 (convertible) Common Stock | Conversion of derivative security | $0 | -1.24M | -100% | $0.00* | 0 | Jul 15, 2022 | Class A Common Stock | 1.24M | Direct | F8 |
| 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 | RSS Master LLC ("RSS Master") is the direct owner of these securities. RSS Master is a limited liability company that is wholly-owned by the Robert Sands Master Trust, for which the reporting person serves as trustee and is the sole beneficiary. |
| F3 | On July 15, 2022, MAS Business Holdings LP ("MAS") entered into a private transaction to sell 183,332 shares of Class A Common Stock. |
| F4 | The reported shares are also indirectly owned by RSS Master. Various Sands family limited partnerships, including MAS, directly own the reported shares of Class A Common Stock. WildStar Partners LLC ("WildStar") holds a .045% co-general partner interest in those family limited partnerships. RRA&Z Holdings LLC ("RRA&Z") is the sole member of WildStar, and RSS Master is a member of RRA&Z. |
| F5 | Excludes 913 shares of Class A Common Stock previously held directly which were transferred to RSS Master on May 9, 2022. |
| F6 | These shares are held in a trust for the benefit of the reporting person's stepchildren. The reporting person's spouse is the trustee of this trust. The reporting person disclaims beneficial ownership with respect to securities held in this manner, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose. |
| F7 | The reporting person disclaims beneficial ownership with respect to securities held in this manner, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose |
| F8 | 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, 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. |
Executive Chairman of the Board