Form 4 for STZ Constellation Brands
Accepted 2024-04-16 00:00:00 ET · period of report 2024-04-12 · accession 0000016918-24-000049 · 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 | 2024-04-16 | 2024-04-12 | STZ | Sabia James A. Jr. | EVP, Pres. Beer | C - Cnv Deriv | — | +8,110 | 36.7K | +28% | — |
| D | 2024-04-16 | 2024-04-12 | STZ | Sabia James A. Jr. | EVP, Pres. Beer | S - Sale | $263.63 | -15.8K | 20.9K | -43% | -$4.16M |
| D | 2024-04-16 | 2024-04-12 | STZ | Sabia James A. Jr. | EVP, Pres. Beer | C - Cnv Deriv | $0.00 | -8,110 | 0 | -100% | $0 |
| DM | 2024-04-16 | 2024-04-12 | STZ | Sabia James A. Jr. | EVP, Pres. Beer | M - OptEx | $58.56 | 0 | 0 | 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 | 2024-04-12 | C | A | 8,110 | — | 36,691 | 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. |
| 2 | Common | Class A Common Stock | 2024-04-12 | S | D | 15,781 | $263.63 | 20,910 | D | — | — | (F2) Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $263.2200 to $ 263.7701, 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 | 2024-04-12 | C | D | 8,110 | $0.00 | 0 | D | — · — to — | 8,110 Class A Common Stock | (F5) 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 | 2024-04-12 | M | A | 8,110 | $117.12 | 8,110 | D | — · — to — | 8,110 Class A Common Stock | (F5) 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) | 2024-04-12 | M | D | 8,110 | $0.00 | 0 | D | $117.12 · 2016-04-28 to 2025-04-28 | 8,110 Class 1 (convertible) Common Stock | (F4) 100% of this option has become exercisable. |