Form 4 for STZ Constellation Brands
Accepted 2024-05-07 00:00:00 ET · period of report 2024-05-03 · accession 0000016918-24-000091 · 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 | 2024-05-07 | 2024-05-03 | STZ | McGrew Michael | EVP, Chief Com, Strt, ESG, Div | S - Sale | $255.50 | -3,237 | 1,731 | -65% | -$827.1K |
| D | 2024-05-07 | 2024-05-03 | STZ | McGrew Michael | EVP, Chief Com, Strt, ESG, Div | C - Cnv Deriv | — | +1,934 | 4,968 | +64% | — |
| DM | 2024-05-07 | 2024-05-03 | STZ | McGrew Michael | EVP, Chief Com, Strt, ESG, Div | M - OptEx | $89.17 | 0 | 0 | New | $0 |
| D | 2024-05-07 | 2024-05-03 | STZ | McGrew Michael | EVP, Chief Com, Strt, ESG, Div | C - Cnv Deriv | $0.00 | -1,934 | 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 | 2024-05-03 | S | D | 3,237 | $255.50 | 1,731 | D | — | — | (F2) Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $255.4000 to $255.6100, 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 | 2024-05-03 | C | A | 1,934 | — | 4,968 | 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 | Class 1 (convertible) Common Stock | 2024-05-03 | M | A | 768 | $172.09 | 768 | D | — · — to — | 768 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 | 2024-05-03 | M | A | 418 | $228.26 | 418 | D | — · — to — | 418 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 | Class 1 (convertible) Common Stock | 2024-05-03 | C | D | 1,934 | $0.00 | 0 | D | — · — to — | 1,934 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. |
| 6 | Derivative | Non-Qualified Stock Option (right to buy) | 2024-05-03 | M | D | 748 | $0.00 | 0 | D | $156.84 · 2017-04-25 to 2026-04-25 | 748 Class 1 (convertible) Common Stock | (F4) Reflects the transfer of certain options to the reporting person's former spouse. (F3) 100% of this option has become exercisable. |
| 7 | Derivative | Non-Qualified Stock Option (right to buy) | 2024-05-03 | M | D | 768 | $0.00 | 0 | D | $172.09 · 2018-04-21 to 2027-04-21 | 768 Class 1 (convertible) Common Stock | (F4) Reflects the transfer of certain options to the reporting person's former spouse. (F3) 100% of this option has become exercisable. |
| 8 | Derivative | Class 1 (convertible) Common Stock | 2024-05-03 | M | A | 748 | $156.84 | 748 | D | — · — to — | 748 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. |
| 9 | Derivative | Non-Qualified Stock Option (right to buy) | 2024-05-03 | M | D | 418 | $0.00 | 0 | D | $228.26 · 2019-04-23 to 2028-04-23 | 418 Class 1 (convertible) Common Stock | (F4) Reflects the transfer of certain options to the reporting person's former spouse. (F3) 100% of this option has become exercisable. |