SEC Form 4 · accession 0001225208-16-025006
CONSTELLATION BRANDS, INC. · STZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William F. Hackett
Officer — Exec Vice President
Period of report
Jan 27, 2016
Accepted (ET)
Jan 28, 2016 · 4:29 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 Stock | Oct 22, 2015 | G | 6,000 | $0.00 | D | 33,493 | D | |
| Class A Common Stock | Jan 27, 2016 | M | 12,700 | $25.88 | A | 46,193 | D | |
| Class A Common StockF1 | Jan 27, 2016 | S | 12,700 | $148.1836 | D | 33,493 | D | |
| Class A Common StockF2 | holding | — | — | — | 800 | I | by trust for daughter | |
| Class A Common StockF3 | 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)F4 | $25.88 | Jan 27, 2016 | M | 12,700 | D | — | Apr 5, 2016 | Class A Common Stock | 12,700 | 0 | D |
Explanation of responses
- F1Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $148.16 to $148.30, 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.
- F2These 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.
- F3These 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.
- F4100% of this option has become exercisable.