SEC Form 4 · accession 0001225208-16-036361
CONSTELLATION BRANDS, INC. · STZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Michael Kane
Officer — Executive VP, Chief HR Officer
Period of report
Jul 1, 2016
Accepted (ET)
Jul 6, 2016 · 5:34 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 | Jul 1, 2016 | M | 13,100 | $0.00 | A | 22,520 | D | |
| Class A Common Stock | Jul 1, 2016 | F | 6,756 | $163.61 | D | 15,764 | 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,F2 | — | Jul 1, 2016 | M | 13,100 | D | — | — | Class A Common Stock | 13,100 | 0 | D |
Explanation of responses
- F1Each performance share unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
- F2The performance share units disposed of in the reported transaction vested on July 1, 2016. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.