Form 4 for STZ Constellation Brands
Accepted 2023-05-12 00:00:00 ET · period of report 2023-05-10 · accession 0000899243-23-012862 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2023-05-12 | 2023-05-10 | STZ | STERN ZACHARY M | Member of 10% owner group | S - Sale | $223.53 | -691.4K | 3.37M | -17% | -$154.55M |
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 | 2023-05-10 | S | D | 20,615 | $223.53 | 0 | I By NSDT 2011 STZ LLC | — | — | (F3) The reported shares were held by NSDT 2011 STZ LLC ("NSDT 2011"), for which the reporting person serves as a trustee of the ultimate parent trust of NSDT 2011. |
| 2 | Common | Class A Common Stock | 2023-05-10 | S | D | 100 | $223.53 | 0 | I By MAS Business Holdings LP | — | — | (F4) MAS Business Holdings LP ("MAS") was the direct owner of these securities. MAS is a limited partnership and MAS Business Management LLC ("MAS Management") is its co-general partner. MAS Management holds a 0.0139% general partner interest in MAS. Abby & Zach Holdings LLC ("Abby & Zach Holdings") holds a 33.3% interest in MAS Management. The Reporting Person is a member and a co-manager of Abby & Zach Holdings. |
| 3 | Common | Class A Common Stock | 2023-05-10 | S | D | 20,695 | $223.53 | 0 | I By NSDT 2009 STZ LLC | — | — | (F2) The reported shares were held by NSDT 2009 STZ LLC ("NSDT 2009"), for which the reporting person serves as a trustee of the ultimate parent trust of NSDT 2009. |
| 4 | Common | Class A Common Stock | 2023-05-10 | S | D | 650,000 | $223.53 | 3,365,715 | I By ZMSS Business Holdings LP | — | — | (F1) ZMSS Business Holdings LP ("ZMSS Holdings") directly owns the reported securities. ZMSS Holdings is a limited partnership and ZMSS Business Management LLC ("ZMSS Management") is its co-general partner. The Reporting Person indirectly holds limited partner interests in ZMSS Holdings and is the sole member of ZMSS Management. The shares held by ZMSS Holdings were received as a contribution from its former parent, A&Z 2015 Business Holdings LP, which was liquidated in November 2022 and its assets were distributed to its partners. |