Form 4 for STZ Constellation Brands
Accepted 2023-08-07 00:00:00 ET · period of report 2023-08-04 · accession 0000016918-23-000182 · 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 | 2023-08-04 | STZ | Hernandez Ernesto M | Dir | S - Sale | $269.00 | -5,086 | 3,649 | -58% | -$1.37M |
| D | 2023-08-07 | 2023-08-04 | STZ | Hernandez Ernesto M | Dir | C - Cnv Deriv | — | +5,086 | 8,735 | +139% | — |
| DM | 2023-08-07 | 2023-08-04 | STZ | Hernandez Ernesto M | Dir | M - OptEx | $68.41 | 0 | 1,041 | New | $0 |
| D | 2023-08-07 | 2023-08-04 | STZ | Hernandez Ernesto M | Dir | C - Cnv Deriv | $0.00 | -5,086 | 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 | 2023-08-04 | S | D | 5,086 | $269.00 | 3,649 | D | — | — | (F2) Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $268.9800 to $269.0400, 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 | 2023-08-04 | C | A | 5,086 | — | 8,735 | 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 | Non-Qualified Stock Option (right to buy) | 2023-08-04 | M | D | 1,606 | $0.00 | 0 | D | $87.13 · 2015-01-23 to 2024-07-23 | 1,606 Class 1 (convertible) Common Stock | (F3) 100% of this option has become exercisable. |
| 4 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-08-04 | 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. |
| 5 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-08-04 | M | D | 1,267 | $0.00 | 0 | D | $166.34 · 2017-01-20 to 2026-07-20 | 1,267 Class 1 (convertible) Common Stock | (F3) 100% of this option has become exercisable. |
| 6 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-08-04 | M | D | 1,041 | $0.00 | 0 | D | $197.18 · 2018-01-18 to 2027-07-18 | 1,041 Class 1 (convertible) Common Stock | (F3) 100% of this option has become exercisable. |
| 7 | Derivative | Class 1 (convertible) Common Stock | 2023-08-04 | M | A | 1,606 | $87.13 | 1,606 | D | — · — to — | 1,606 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 | 2023-08-04 | 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. |
| 9 | Derivative | Class 1 (convertible) Common Stock | 2023-08-04 | M | A | 1,267 | $166.34 | 1,267 | D | — · — to — | 1,267 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 | Class 1 (convertible) Common Stock | 2023-08-04 | M | A | 1,041 | $197.18 | 1,041 | D | — · — to — | 1,041 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. |
| 11 | Derivative | Class 1 (convertible) Common Stock | 2023-08-04 | C | D | 5,086 | $0.00 | 0 | D | — · — to — | 5,086 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. |