Richard Sands - Jul 10, 2024 Form 4 Insider Report for CONSTELLATION BRANDS, INC. (STZ)

Role
Director, 10%+ Owner
Signature
/s/ Brian Bennett, Attorney-in-fact
Stock symbol
STZ
Transactions as of
Jul 10, 2024
Transactions value $
$0
Form type
4
Date filed
7/12/2024, 04:49 PM
Previous filing
Jul 25, 2023
Next filing
Jul 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STZ Class A Common Stock Options Exercise $0 +463 $0.00 463 Jul 10, 2024 Direct F1
holding STZ Class A Common Stock 20.5M Jul 10, 2024 by RRA&Z Holdings LLC F2
holding STZ Class A Common Stock 188K Jul 10, 2024 by RES Master LLC F3, F4
holding STZ Class A Common Stock 15.7K Jul 10, 2024 By Spouse F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction STZ Restricted Stock Units Options Exercise $0 -463 -100% $0.00* 0 Jul 10, 2024 Class A Common Stock 463 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F2 Various Sands family limited partnerships directly own the reported securities. 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. The reporting person indirectly owns a membership interest in and is co-manager of RRA&Z.
F3 RES Master LLC ("RES Master") directly owns the reported securities. RES Master is a limited liability company that is wholly-owned by the Richard Sands Master Trust. The reporting person is the sole trustee and sole beneficiary of the Richard Sands Master Trust.
F4 326 shares of Class A Common Stock were previously reported as held directly by the reporting person. The reporting person has transferred the securities to RES Master, which is the direct owner of these securities.
F5 The reporting person disclaims beneficial ownership with respect to securities held in this manner, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.
F6 All of these restricted stock units vest on the date specified. Vested shares will be delivered to the reporting person as of the vesting date.