SEC Form 4 · accession 0001225208-16-036963
CONSTELLATION BRANDS, INC. · STZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ernesto M Hernandez
Director
Period of report
Jul 20, 2016
Accepted (ET)
Jul 22, 2016 · 4:22 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 22, 2016 | M | 712 | $0.00 | A | 815 | D |
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) | $166.34 | Jul 20, 2016 | A | 1,267 | A | Jan 20, 2017 | Jul 20, 2026 | Class 1 Common Stock | 1,267 | 1,267 | D |
| Restricted Stock UnitsF1,F2 | — | Jul 20, 2016 | A | 511 | A | Jul 20, 2017 | — | Class A Common Stock | 511 | 511 | D |
| Restricted Stock UnitsF1,F3 | — | Jul 22, 2016 | M | 712 | D | Jul 22, 2016 | — | Class A Common Stock | 712 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
- F2All of these restricted stock units vest on the date specified. Vested shares will be delivered to the reporting person as of the vesting date net of shares withheld to satisfy taxes.
- F3The restricted stock units disposed of in the reported transaction vested on July 22, 2016.