SEC Form 4 · accession 0001225208-15-005414
CONSTELLATION BRANDS, INC. · STZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A Wright
Officer — Exec VP & Pres., Wine&Spirits
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 4:23 pm EST
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 StockF1,F2 | Feb 20, 2015 | C | 10,000 | $0.00 | A | 120,797 | D | |
| Class A Common Stock | Feb 20, 2015 | S | 10,000 | $114.75 | D | 110,797 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class 1 (convertible) Common StockF3 | — | Feb 20, 2015 | M | 10,000 | A | — | — | Class A Common Stock | 10,000 | 10,000 | D |
| Class 1 (convertible) Common StockF3 | — | Feb 20, 2015 | C | 10,000 | D | — | — | Class A Common Stock | 10,000 | 0 | D |
| Non-Qualified Stock Option (right to buy)F4 | $19.12 | Feb 20, 2015 | M | 10,000 | D | — | Apr 1, 2018 | Class 1 Common Stock | 10,000 | 58,100 | D |
Explanation of responses
- F1The 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.
- F2Includes shares of Class A Common Stock acquired in July 2014 and January 2015 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.
- F3Shares of Class 1 Common Stock are convertible to shares of Class A Common Stock of the Issuer on a one-to-one basis in connection with the holders' sale of the shares of Class A Common Stock received upon the conversion. Class 1 Common Stock is not traded on any stock exchange.
- F4100% of this option has become exercisable.