SEC Form 4 · accession 0001225208-15-011294
CONSTELLATION BRANDS, INC. · STZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
F Paul Hetterich
Officer — EVP, Corp Dev & Beer Ops
Period of report
May 1, 2015
Accepted (ET)
May 5, 2015 · 5:06 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 StockF1 | May 1, 2015 | M | 23,740 | $0.00 | A | 75,019 | D | |
| Class A Common StockF2 | May 1, 2015 | M | 5,393 | $0.00 | A | 80,412 | D | |
| Class A Common Stock | May 1, 2015 | F | 14,862 | $117.19 | D | 65,550 | D | |
| Class A Common Stock | May 4, 2015 | S | 1,290 | $117.2805 | D | 64,260 | D | |
| Class A Common Stock | holding | — | — | — | 139 | I | By Son |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF1,F4 | — | May 1, 2015 | M | 23,740 | D | — | — | Class A Common Stock | 23,740 | 0 | D |
| Restricted Stock UnitsF2,F5 | — | May 1, 2015 | M | 2,967 | D | — | — | Class A Common Stock | 2,967 | 2,967 | D |
| Restricted Stock UnitsF2,F5 | — | May 1, 2015 | M | 1,498 | D | May 1, 2014 | — | Class A Common Stock | 1,498 | 2,994 | D |
| Restricted Stock UnitsF2,F5 | — | May 1, 2015 | M | 928 | D | May 1, 2015 | — | Class A Common Stock | 928 | 2,782 | D |
Explanation of responses
- F1Each performance share unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
- F2Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
- F3This reported sale was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 20 shares only, with the reporting person's purchase of 20 shares of Constellation Brands, Inc. Class A Common Stock at a price of $115.3684 on February 20, 2015. The reporting person has agreed to pay to Constellation Brands, Inc. $38.25, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.
- F4The performance share units disposed of in the reported transaction vested on May 1, 2015. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.
- F5The restricted stock units disposed of in the reported transaction vested on May 1, 2015. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.