Form 4 for STZ Constellation Brands
Accepted 2023-08-07 00:00:00 ET · period of report 2023-08-03 · accession 0000016918-23-000181 · 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 | 2023-08-07 | 2023-08-03 | STZ | Bourdeau James O. | EVP, CLO | S - Sale | $269.00 | -30.7K | 5,500 | -85% | -$8.26M |
| D | 2023-08-07 | 2023-08-03 | STZ | Bourdeau James O. | EVP, CLO | C - Cnv Deriv | — | +30.7K | 36.2K | +558% | — |
| DM | 2023-08-07 | 2023-08-03 | STZ | Bourdeau James O. | EVP, CLO | M - OptEx | $100.46 | 0 | 0 | New | $0 |
| D | 2023-08-07 | 2023-08-03 | STZ | Bourdeau James O. | EVP, CLO | C - Cnv Deriv | $0.00 | -30.7K | 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 | 2023-08-03 | S | D | 30,723 | $269.00 | 5,500 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-08-03 | C | A | 30,723 | — | 36,233 | 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. (F2) Includes shares of Class A Common Stock acquired in July 2023 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan. |
| 3 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-08-03 | M | D | 4,554 | $0.00 | 0 | D | $156.84 · 2017-04-25 to 2026-04-25 | 4,554 Class 1 (convertible) Common Stock | (F3) 100% of this option has become exercisable. |
| 4 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-08-03 | M | D | 4,487 | $0.00 | 0 | D | $172.09 · 2018-04-21 to 2027-04-21 | 4,487 Class 1 (convertible) Common Stock | (F3) 100% of this option has become exercisable. |
| 5 | Derivative | Class 1 (convertible) Common Stock | 2023-08-03 | C | D | 30,723 | $0.00 | 0 | D | — · — to — | 30,723 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. |
| 6 | Derivative | Class 1 (convertible) Common Stock | 2023-08-03 | M | A | 12,645 | $207.48 | 12,645 | D | — · — to — | 12,645 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. |
| 7 | Derivative | Class 1 (convertible) Common Stock | 2023-08-03 | M | A | 9,037 | $228.26 | 9,037 | D | — · — to — | 9,037 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. |
| 8 | Derivative | Class 1 (convertible) Common Stock | 2023-08-03 | M | A | 4,487 | $172.09 | 4,487 | D | — · — to — | 4,487 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. |
| 9 | Derivative | Class 1 (convertible) Common Stock | 2023-08-03 | M | A | 4,554 | $156.84 | 4,554 | D | — · — to — | 4,554 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. |
| 10 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-08-03 | M | D | 12,645 | $0.00 | 0 | D | $207.48 · 2020-04-23 to 2029-04-23 | 12,645 Class 1 (convertible) Common Stock | (F3) 100% of this option has become exercisable. |
| 11 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-08-03 | M | D | 9,037 | $0.00 | 0 | D | $228.26 · 2019-04-23 to 2028-04-23 | 9,037 Class 1 (convertible) Common Stock | (F3) 100% of this option has become exercisable. |