SEC Form 4 · accession 0001225208-16-031871
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
Apr 25, 2016
Accepted (ET)
Apr 27, 2016 · 4:36 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000016918
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $156.84 | Apr 25, 2016 | A | 54,168 | A | Apr 25, 2017 | Apr 25, 2026 | Class 1 Common Stock | 54,168 | 54,168 | D |
| Restricted Stock UnitsF2,F3 | — | Apr 25, 2016 | A | 7,243 | A | May 1, 2017 | — | Class A Common Stock | 7,243 | 7,243 | D |
Explanation of responses
- F1This option becomes exercisable at the rate of 25% per year beginning on the date specified.
- F2Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
- F3These restricted stock units vest in four equal annual installments beginning on the date specified. Vested shares will be delivered to the reporting person as of each vesting date net of shares withheld to satisfy taxes.