Form 4 for STZ Constellation Brands
Accepted 2022-07-19 00:00:00 ET · period of report 2022-07-15 · accession 0000899243-22-026331 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2022-07-19 | 2022-07-15 | STZ | RSS Master LLC | 10% | S - Sale | $242.81 | -1.43M | 550.2K | -72% | -$346.68M |
| DI | 2022-07-19 | 2022-07-15 | STZ | RSS Master LLC | 10% | C - Cnv Deriv | — | +1.24M | 1.79M | +226% | — |
| D | 2022-07-19 | 2022-07-15 | STZ | RSS Master LLC | 10% | C - Cnv Deriv | $0.00 | -1.24M | 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 | 2022-07-15 | S | D | 183,332 | $242.81 | 5,300,510 | I By RRA&Z Holdings LLC | — | — | (F4) On July 15, 2022, MAS Business Holdings LP ("MAS") entered into a private transaction to sell 183,332 shares of Class A Common Stock. (F5) The reported shares are also indirectly owned by RSS Master. Various Sands family limited partnerships, including MAS, directly own the reported shares of Class A Common Stock and Class B Common Stock. WildStar Partners LLC ("WildStar") holds a .045% co-general partner interest in those family limited partnerships. RRA&Z Holdings LLC ("RRA&Z") is the sole member of WildStar, and RSS Master is a member of RRA&Z. |
| 2 | Common | Class A Common Stock | 2022-07-15 | C | A | 1,244,467 | — | 1,794,681 | I By RSS Master LLC | — | — | (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) RSS Master LLC ("RSS Master") is the direct owner of these securities. RSS Master is a limited liability company that is wholly-owned by the Robert Sands Master Trust. |
| 3 | Common | Class A Common Stock | 2022-07-15 | S | D | 1,244,467 | $242.81 | 550,214 | I By RSS Master LLC | — | — | (F3) Includes 913 shares of Class A Common Stock that were transferred to RSS Master on May 9, 2022 by Robert Sands. (F2) RSS Master LLC ("RSS Master") is the direct owner of these securities. RSS Master is a limited liability company that is wholly-owned by the Robert Sands Master Trust. |
| 4 | Derivative | Class 1 (convertible) Common Stock | 2022-07-15 | C | D | 1,244,467 | $0.00 | 0 | D | — · — to — | 1,244,467 Class A Common Stock | (F6) 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, 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. |