Abigail Bennett - May 10, 2023 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Signature
/s/ Abigail Bennett
Stock symbol
STZ
Transactions as of
May 10, 2023
Transactions value $
-$145,316,853
Form type
4
Date filed
5/12/2023, 07:31 PM
Previous filing
Nov 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STZ Class A Common Stock Sale -$145M -650K -16.19% $223.53 3.37M May 10, 2023 By AJB Business Holdings LP F1
transaction STZ Class A Common Stock Sale -$22.4K -100 -100% $223.53 0 May 10, 2023 By MAS Business Holdings LP F2
holding STZ Class A Common Stock 37.4K May 10, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 AJB Business Holdings LP ("AJB Holdings") directly owns the reported securities. AJB Holdings is a limited partnership and AJB Business Management LLC ("AJB Management") is its co-general partner. The Reporting Person indirectly holds limited partner interests in AJB Holdings and is the sole member of AJB Management. The shares held by AJB Holdings were received as a contribution from its former parent, A&Z 2015 Business Holdings LP, which was liquidated in November 2022 and its assets were distributed to its partners.
F2 MAS Business Holdings LP ("MAS") was the direct owner of these securities. MAS is a limited partnership and MAS Business Management LLC ("MAS Management") is its co-general partner. MAS Management holds a 0.0139% general partner interest in MAS. Abby & Zach Holdings LLC ("Abby & Zach Holdings") holds a 33.3% interest in MAS Management. The Reporting Person is a member and a co-manager of Abby & Zach Holdings.