ROBERT SANDS - 14 Nov 2022 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role
Director, Non-Exec Chairman of the Board, 10%+ Owner
Signature
/s/ Thomas M. Farace, Attorney-in-Fact
Issuer symbol
STZ
Transactions as of
14 Nov 2022
Net transactions value
-$884,522,478
Form type
4
Filing time
17 Nov 2022, 08:16:24 UTC
Previous filing
14 Nov 2022
Next filing
12 May 2023
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 Sale $884,522,478 -3,700,002 -13% $239.06 24,347,294 14 Nov 2022 By RRA&Z Holdings LLC F1
holding STZ Class A Common Stock 8,600 14 Nov 2022 Direct
holding STZ Class A Common Stock 550,214 14 Nov 2022 By RSS Master LLC F2
holding STZ Class A Common Stock 19,329 14 Nov 2022 By Pamela K. Sands 2016 Descendants' Trust F3
holding STZ Class A Common Stock 1,769 14 Nov 2022 By Spouse F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Various Sands family limited partnerships directly own the reported securities. 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. The reporting person indirectly owns a membership interest in and is co-manager of RRA&Z.
F2 RSS Master LLC ("RSS Master") directly owns the reported securities. RSS Master is a limited liability company that is wholly-owned by the Robert Sands Master Trust. The reporting person is the sole trustee and sole beneficiary of the Robert Sands Master Trust.
F3 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.
F4 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.