Form 4 for STZ Constellation Brands
Accepted 2022-11-14 00:00:00 ET · period of report 2022-11-10 · accession 0000899243-22-035641 · 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 | 2022-11-14 | 2022-11-10 | STZ | A&Z 2015 BUSINESS HOLDINGS LP | Member of 10% owner group | A - Grant | — | +8.07M | 9.26M | +678% | — |
| D | 2022-11-14 | 2022-11-10 | STZ | A&Z 2015 BUSINESS HOLDINGS LP | Member of 10% owner group | D - Sale to Iss | — | -8.07M | 0 | -100% | — |
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 | 2022-11-10 | A | A | 8,073,856 | — | 9,264,764 | D | — | — | (F1) Pursuant to a reclassification exempt under Rule 16b-7 that was effected by Constellation Brands, Inc. on November 10, 2022, each share of Class B Common Stock ($0.01 par value) was reclassified and converted into one share of Class A Common Stock ($0.01 par value) and the right to receive a $64.64 cash payment. The conversion of the shares of Class B Common Stock into shares of Class A Common Stock pursuant to the reclassification is also exempt under Rule 16b-3 to the extent of the pecuniary interest in the shares of Richard Sands and Robert Sands. (F2) This report is filed jointly by A&Z 2015 Business Holdings LP ("A&Z Holdings") and A&Z 2015 Business Management LLC ("A&Z Management"). The reported securities are owned directly by A&Z Holdings. A&Z Management is the co-general partner of, and owns a 0.0249% interest in, A&Z Holdings. |
| 2 | Derivative | Class B (convertible) Common Stock | 2022-11-10 | D | D | 8,073,856 | — | 0 | D | — · — to — | 8,073,856 Class A Common Stock | (F1) Pursuant to a reclassification exempt under Rule 16b-7 that was effected by Constellation Brands, Inc. on November 10, 2022, each share of Class B Common Stock ($0.01 par value) was reclassified and converted into one share of Class A Common Stock ($0.01 par value) and the right to receive a $64.64 cash payment. The conversion of the shares of Class B Common Stock into shares of Class A Common Stock pursuant to the reclassification is also exempt under Rule 16b-3 to the extent of the pecuniary interest in the shares of Richard Sands and Robert Sands. (F2) This report is filed jointly by A&Z 2015 Business Holdings LP ("A&Z Holdings") and A&Z 2015 Business Management LLC ("A&Z Management"). The reported securities are owned directly by A&Z Holdings. A&Z Management is the co-general partner of, and owns a 0.0249% interest in, A&Z Holdings. |