SEC Form 4 · accession 0001209191-15-031433
CONSTELLATION BRANDS, INC. · STZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
CWC PARTNERSHIP I
10% Owner
Period of report
Mar 31, 2015
Accepted (ET)
Apr 2, 2015 · 4:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000016918
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2,F3 | Mar 31, 2015 | J | 768 | $0.00 | D | 768 | I | by MLR&R |
| Class A Common StockF2 | Apr 1, 2015 | J | 471,608 | $0.00 | D | 0 | D | |
| Class A Common StockF2,F3 | Apr 1, 2015 | J | 768 | $0.00 | D | 0 | I | by MLR&R |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B (convertible) Common StockF2,F3,F5 | — | Mar 31, 2015 | J | 667,368 | D | — | — | Class A Common Stock | 667,368 | 667,368 | I |
| Class B (convertible) Common StockF2,F5 | — | Apr 1, 2015 | J | 5,431,712 | D | — | — | Class A Common Stock | 5,431,712 | 0 | D |
| Class B (convertible) Common StockF2,F3,F5 | — | Apr 1, 2015 | J | 667,368 | D | — | — | Class A Common Stock | 667,368 | 0 | I |
Explanation of responses
- F1On March 31, 2015, CWC Partnership I distributed a portion of its interest (.02% in the aggregate) in MLR&R (defined below) to certain general partners of CWC Partnership I.
- F2Share amounts have been adjusted for stock splits.
- F3M,L,R&R ("MLR&R") is a general partnership of which the reporting person is a general partner.
- F4On April 1, 2015, all of the general partner interests in CWC Partnership I were contributed to a newly-formed limited partnership ("New LP"), and CWC Partnership I was dissolved. Consequently, the shares of Class A Common Stock and Class B Common Stock held, directly and indirectly, by CWC Partnership I were distributed to the New LP.
- F5Shares of Class B Common Stock are convertible into shares of Class A Common Stock of the Issuer on a one-to-one basis at any time at the option of the holder. The ticker symbol for Class B Common Stock is STZ.B.