Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STZ | Class A Common Stock | Award | +311K | +16.79% | 2.16M | Nov 10, 2022 | Direct | F1, F2 | ||
holding | STZ | Class A Common Stock | 158 | Nov 10, 2022 | by SSR Business Management LLC | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STZ | Class B (convertible) Common Stock | Disposed to Issuer | -311K | -100% | 0 | Nov 10, 2022 | Class A Common Stock | 311K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Pursuant to a reclassification exempt under Rule 16b-7 that was effected by Constellation Brands, Inc. on November 10, 2022, each share of Class B Common Stock ($0.01 par value) was reclassified and converted into one share of Class A Common Stock ($0.01 par value) and the right to receive a $64.64 cash payment. The conversion of the shares of Class B Common Stock into shares of Class A Common Stock pursuant to the reclassification is also exempt under Rule 16b-3 to the extent of the pecuniary interest in the shares of Richard Sands and Robert Sands. |
F2 | This report is filed jointly by SSR Business Holdings LP ("SSR Holdings") and SSR Business Management LLC ("SSR Management"). SSR Holdings directly holds 2,164,138 shares of Class A Common Stock and SSR Management 158 shares of Class A Common Stock. SSR Management is the co-general partner of, and owns a 0.016% interest in, SSR Holdings. |