William A. Newlands - 01 May 2022 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role
President & CEO, Director
Signature
/s/ Brian S. Bennett, Attorney-in-fact
Issuer symbol
STZ
Transactions as of
01 May 2022
Net transactions value
-$1,009,953
Form type
4
Filing time
03 May 2022, 16:51:26 UTC
Previous filing
25 Apr 2022
Next filing
06 May 2022
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 Options Exercise $0 +3,673 +29% $0.000000 16,377 01 May 2022 Direct F1, F2
transaction STZ Class A Common Stock Options Exercise $0 +6,312 +39% $0.000000 22,689 01 May 2022 Direct F3
transaction STZ Class A Common Stock Tax liability $1,009,953 -4,104 -18% $246.09 18,585 01 May 2022 Direct

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 Performance Share Units Options Exercise $0 -3,673 -100% $0.000000* 0 01 May 2022 Class A Common Stock 3,673 Direct F1, F4
transaction STZ Restricted Stock Units Options Exercise $0 -640 -100% $0.000000* 0 01 May 2022 Class A Common Stock 640 Direct F3, F5
transaction STZ Restricted Stock Units Options Exercise $0 -1,446 -50% $0.000000 1,446 01 May 2022 Class A Common Stock 1,446 Direct F3, F5
transaction STZ Restricted Stock Units Options Exercise $0 -2,573 -33% $0.000000 5,146 01 May 2022 Class A Common Stock 2,573 Direct F3, F5
transaction STZ Restricted Stock Units Options Exercise $0 -1,653 -25% $0.000000 4,957 01 May 2022 Class A Common Stock 1,653 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
F2 Includes shares of Class A Common Stock acquired in January 2022 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.
F3 Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
F4 The performance share units disposed of in the reported transaction vested on May 1, 2022. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.
F5 The restricted stock units vest in four equal annual installments beginning on the first date specified. The restricted stock units disposed of in the reported transaction vested on May 1, 2022. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.