SEC Form 4 · accession 0001225208-15-020021
CONSTELLATION BRANDS, INC. · STZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Sands
Officer — President & CEO · Director · 10% Owner
Period of report
Oct 27, 2015
Accepted (ET)
Oct 29, 2015 · 4:14 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 Stock | Oct 27, 2015 | M | 1,270 | $25.88 | A | 736,602 | D | |
| Class A Common StockF1 | Oct 27, 2015 | S | 1,270 | $136.0059 | D | 735,332 | D | |
| Class A Common Stock | Oct 28, 2015 | M | 36,800 | $25.88 | A | 772,132 | D | |
| Class A Common Stock | Oct 28, 2015 | M | 3,535 | $20.79 | A | 775,667 | D | |
| Class A Common StockF2 | Oct 28, 2015 | S | 40,335 | $136.0135 | D | 735,332 | D | |
| Class A Common StockF3,F4 | holding | — | — | — | 80,928 | I | by LES Holdings LLC | |
| Class A Common StockF3,F5 | holding | — | — | — | 73,800 | I | by MES Holdings LLC | |
| Class A Common StockF6,F7 | holding | — | — | — | 768 | I | by MLR&R | |
| Class A Common StockF3 | holding | — | — | — | 1,769 | I | By Spouse |
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)F8 | $25.88 | Oct 27, 2015 | M | 1,270 | D | — | Apr 5, 2016 | Class A Common Stock | 1,270 | 36,800 | D |
| Non-Qualified Stock Option (right to buy)F8 | $20.79 | Oct 28, 2015 | M | 3,535 | D | — | Apr 3, 2017 | Class A Common Stock | 3,535 | 360,558 | D |
| Non-Qualified Stock Option (right to buy)F8 | $25.88 | Oct 28, 2015 | M | 36,800 | D | — | Apr 5, 2016 | Class A Common Stock | 36,800 | 0 | D |
Explanation of responses
- F1Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $136.00 to $136.05, 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.
- F2Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $136.00 to $136.08, 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.
- F3The reporting person disclaims beneficial ownership with respect to securities held in this manner, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.
- F4LES Holdings LLC is a limited liability company of which the reporting person is the general manager.
- F5MES Holdings LLC is a limited liability company of which the reporting person is the general manager.
- F6Except to the extent that the reporting person has a direct or indirect pecuniary interest in securities owned by the applicable trust, partnership or limited liability company, the reporting person disclaims beneficial ownership with respect to securities held in this manner. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.
- F7M,L,R&R is a general partnership of which the reporting person is a general partner and in which he has a pecuniary interest.
- F8100% of this option has become exercisable.