Form 4 for STZ Constellation Brands
Accepted 2022-11-14 00:00:00 ET · period of report 2022-11-10 · accession 0000016918-22-000185 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2022-11-14 | 2022-11-10 | STZ | LOCKE JAMES A III | Dir | A - Grant | — | +264 | 40.9K | +0.7% | — |
| DI | 2022-11-14 | 2022-11-10 | STZ | LOCKE JAMES A III | Dir | D - Sale to Iss | — | -264 | 0 | -100% | — |
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 | 2022-11-10 | A | A | 264 | — | 40,858 | I James A. Locke III Revocable Trust | — | — | (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 James A Locke III. (F3) Reflects a change in beneficial ownership of 510 shares of Class A Common Stock from direct to indirect. On July 19, 2022, the reporting person transferred 510 shares to the James A. Locke III Revocable Trust. (F2) Held by the James A. Locke III Revocable Trust, of which the reporting person serves as trustee and is the sole beneficiary. |
| 2 | Derivative | Class B (convertible) Common Stock | 2022-11-10 | D | D | 264 | — | 0 | I James A. Locke III Revocable Trust | — · — to — | 264 Class A Common Stock | (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 James A Locke III. (F2) Held by the James A. Locke III Revocable Trust, of which the reporting person serves as trustee and is the sole beneficiary. |