SEC Form 4 · accession 0001225208-15-019783
CONSTELLATION BRANDS, INC. · STZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William F. Hackett
Officer — Exec VP & Pres., Beer Div.
Period of report
Oct 19, 2015
Accepted (ET)
Oct 20, 2015 · 4:28 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 | Oct 19, 2015 | M | 20,000 | $25.88 | A | 59,493 | D | |
| Class A Common StockF2 | Oct 19, 2015 | S | 20,000 | $134.9777 | D | 39,493 | D | |
| Class A Common StockF3 | holding | — | — | — | 800 | I | by trust for daughter | |
| Class A Common StockF4 | holding | — | — | — | 800 | I | by trust for son |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F5 | $25.88 | Oct 19, 2015 | M | 20,000 | D | — | Apr 5, 2016 | Class A Common Stock | 20,000 | 12,700 | D |
Explanation of responses
- F1Includes shares of Class A Common Stock acquired in July 2015 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.
- F2Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $134.60 to $135.26, inclusive. Upon request by the Commission staff, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
- F3These shares are held in a trust for the benefit of the reporting person's daughter, for which the reporting person is co-trustee. The reporting person disclaims beneficial ownership with respect to these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F4These shares are held in a trust for the benefit of the reporting person's son, for which the reporting person is co-trustee. The reporting person disclaims beneficial ownership with respect to these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F5100% of this option has become exercisable.