Form 4 for STZ Constellation Brands
Accepted 2024-11-15 00:00:00 ET · period of report 2024-11-14 · accession 0000016918-24-000194 · 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 | 2024-11-15 | 2024-11-14 | STZ | Sabia James A. Jr. | EVP, Pres. Beer | C - Cnv Deriv | — | +29.6K | 52.1K | +131% | — |
| D | 2024-11-15 | 2024-11-14 | STZ | Sabia James A. Jr. | EVP, Pres. Beer | S - Sale | $242.99 | -36.1K | 16.0K | -69% | -$8.77M |
| DM | 2024-11-15 | 2024-11-14 | STZ | Sabia James A. Jr. | EVP, Pres. Beer | M - OptEx | $79.12 | 0 | 6,725 | New | $0 |
| D | 2024-11-15 | 2024-11-14 | STZ | Sabia James A. Jr. | EVP, Pres. Beer | C - Cnv Deriv | $0.00 | -29.6K | 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 | 2024-11-14 | C | A | 29,550 | — | 52,128 | 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 | 2024-11-14 | S | D | 36,086 | $242.99 | 16,042 | D | — | — | (F2) Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $242.9400 to $243.1100, 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 | Non-Qualified Stock Option (right to buy) | 2024-11-14 | M | D | 6,760 | $0.00 | 0 | D | $156.84 · 2017-04-25 to 2026-04-25 | 6,760 Class 1 (convertible) Common Stock | (F4) 100% of this option has become exercisable. |
| 4 | Derivative | Class 1 (convertible) Common Stock | 2024-11-14 | C | D | 29,550 | $0.00 | 0 | D | — · — to — | 29,550 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 | 2024-11-14 | M | A | 6,760 | $156.84 | 6,760 | D | — · — to — | 6,760 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 | Class 1 (convertible) Common Stock | 2024-11-14 | M | A | 16,065 | $153.02 | 16,065 | D | — · — to — | 16,065 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. |
| 7 | Derivative | Non-Qualified Stock Option (right to buy) | 2024-11-14 | M | D | 6,725 | $0.00 | 0 | D | $172.09 · 2018-04-21 to 2027-04-21 | 6,725 Class 1 (convertible) Common Stock | (F4) 100% of this option has become exercisable. |
| 8 | Derivative | Non-Qualified Stock Option (right to buy) | 2024-11-14 | M | D | 16,065 | $0.00 | 0 | D | $153.02 · 2021-04-21 to 2030-04-21 | 16,065 Class 1 (convertible) Common Stock | (F4) 100% of this option has become exercisable. |
| 9 | Derivative | Class 1 (convertible) Common Stock | 2024-11-14 | M | A | 6,725 | $172.09 | 6,725 | D | — · — to — | 6,725 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. |