Form 4 for STZ Constellation Brands
Accepted 2022-08-04 00:00:00 ET · period of report 2022-08-03 · accession 0000016918-22-000171 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-08-04 | 2022-08-03 | STZ | MCCARTHY DANIEL J | Dir | S - Sale | $246.79 | -1,682 | 3,232 | -34% | -$415.1K |
| D | 2022-08-04 | 2022-08-03 | STZ | MCCARTHY DANIEL J | Dir | C - Cnv Deriv | — | +1,172 | 4,914 | +31% | — |
| DM | 2022-08-04 | 2022-08-03 | STZ | MCCARTHY DANIEL J | Dir | M - OptEx | $59.69 | 0 | 0 | New | $0 |
| D | 2022-08-04 | 2022-08-03 | STZ | MCCARTHY DANIEL J | Dir | C - Cnv Deriv | $0.00 | -1,172 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-08-03 | S | D | 1,682 | $246.79 | 3,232 | D | — | — | (F2) Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $246.7450 to $246.8350, inclusive. Upon request by the Commission staff, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price. |
| 2 | Common | Class A Common Stock | 2022-08-03 | C | A | 1,172 | — | 4,914 | D | — | — | (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. |
| 3 | Derivative | Class 1 (convertible) Common Stock | 2022-08-03 | M | A | 1,172 | $119.37 | 1,172 | D | — · — to — | 1,172 Class A Common Stock | (F4) 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, Inc., 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. |
| 4 | Derivative | Class 1 (convertible) Common Stock | 2022-08-03 | C | D | 1,172 | $0.00 | 0 | D | — · — to — | 1,172 Class A Common Stock | (F4) 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, Inc., 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. |
| 5 | Derivative | Non-Qualified Stock Option (right to buy) | 2022-08-03 | M | D | 1,172 | $0.00 | 0 | D | $119.37 · 2016-01-22 to 2025-07-22 | 1,172 Class 1 (convertible) Common Stock | (F3) 100% of this option has become exercisable. |