SEC Form 4 · accession 0001225208-15-011299
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
May 1, 2015
Accepted (ET)
May 5, 2015 · 5:10 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 | 28,380 | $0.00 | A | 139,186 | D | |
| Class A Common StockF2 | May 1, 2015 | M | 6,443 | $0.00 | A | 145,629 | D | |
| Class A Common Stock | May 1, 2015 | F | 17,961 | $117.19 | D | 127,668 | D | |
| Class A Common Stock | May 4, 2015 | S | 1,950 | $117.2805 | D | 125,718 | D |
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 | 28,380 | D | — | — | Class A Common Stock | 28,380 | 0 | D |
| Restricted Stock UnitsF2,F5 | — | May 1, 2015 | M | 3,547 | D | May 1, 2013 | — | Class A Common Stock | 3,547 | 3,547 | D |
| Restricted Stock UnitsF2,F5 | — | May 1, 2015 | M | 1,788 | D | May 1, 2014 | — | Class A Common Stock | 1,788 | 3,574 | D |
| Restricted Stock UnitsF2,F5 | — | May 1, 2015 | M | 1,108 | D | May 1, 2015 | — | Class A Common Stock | 1,108 | 3,322 | 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 9 shares only, with the reporting person's purchase of 9 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. $17.21, 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.