Form 4 for STZ Constellation Brands
Accepted 2023-07-24 00:00:00 ET · period of report 2023-07-20 · accession 0000016918-23-000149 · 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 | 2023-07-24 | 2023-07-20 | STZ | Hanson Robert Lee | EVP, Pres. Wine, Spirits | C - Cnv Deriv | — | +12.3K | 24.2K | +104% | — |
| D | 2023-07-24 | 2023-07-20 | STZ | Hanson Robert Lee | EVP, Pres. Wine, Spirits | S - Sale | $268.10 | -12.3K | 11.9K | -51% | -$3.30M |
| D | 2023-07-24 | 2023-07-20 | STZ | Hanson Robert Lee | EVP, Pres. Wine, Spirits | C - Cnv Deriv | $0.00 | -12.3K | 0 | -100% | $0 |
| DM | 2023-07-24 | 2023-07-20 | STZ | Hanson Robert Lee | EVP, Pres. Wine, Spirits | M - OptEx | $92.51 | 0 | 12.3K | New | $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 | 2023-07-20 | C | A | 12,299 | — | 24,161 | D | — | — | (F3) 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. |
| 2 | Common | Class A Common Stock | 2023-07-20 | S | D | 12,299 | $268.10 | 11,862 | D | — | — | (F4) Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $268.0000 to $268.2800, 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. |
| 3 | Derivative | Class 1 (convertible) Common Stock | 2023-07-20 | C | D | 12,299 | $0.00 | 0 | D | — · — to — | 12,299 Class A Common Stock | (F2) 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 | Non-Qualified Stock Option (right to buy) | 2023-07-20 | M | D | 12,299 | $0.00 | 0 | D | $185.02 · 2020-06-26 to 2029-06-26 | 12,299 Class 1 (convertible) Common Stock | (F1) 100% of this option has become exercisable. |
| 5 | Derivative | Class 1 (convertible) Common Stock | 2023-07-20 | M | A | 12,299 | $185.02 | 12,299 | D | — · — to — | 12,299 Class A Common Stock | (F2) 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. |