SEC Form 4 · accession 0001225208-16-042209
CONSTELLATION BRANDS, INC. · STZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Sands
Officer — Chairman of the Board · Director · 10% Owner
Period of report
Nov 22, 2016
Accepted (ET)
Nov 23, 2016 · 4:19 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 StockF1,F2,F3 | Nov 22, 2016 | J | 5,750,092 | $0.00 | A | 5,750,092 | I | by RRA&Z Holdings LLC |
| Class A Common Stock | holding | — | — | — | 133,378 | D | ||
| Class A Common StockF4 | holding | — | — | — | 15,720 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B (convertible) Common StockF1,F2,F6,F5 | — | Nov 22, 2016 | J | 1,350,000 | D | — | — | Class A Common Stock | 1,350,000 | 1,350,000 | I |
| Class B (convertible) Common StockF1,F2,F3,F5 | — | Nov 22, 2016 | J | 22,746,786 | A | — | — | Class A Common Stock | 22,746,786 | 22,746,786 | I |
| Class B (convertible) Common StockF5 | — | holding | — | — | — | — | — | Class A Common Stock | 37,350 | 37,350 | D |
Explanation of responses
- F1On November 22, 2016, WildStar Partners LLC ("WildStar") acquired a 0.045% general partner interest in the following affiliated Sands family limited partnerships: RES Business Holdings LP; SER Business Holdings LP; RSS Business Holdings LP; SSR Business Holdings LP; A&Z 2015 Business Holdings LP; RCT 2015 Business Holdings LP; RHT 2015 Business Holdings LP; RSS 2015 Business Holdings LP and MAS Business Holdings LP.
- F2Except to the extent that the reporting person has a direct or indirect pecuniary interest in securities owned by the applicable limited partnerships, the reporting person disclaims beneficial ownership with the respect to the 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.
- F3RRA&Z Holdings LLC ("RRA&Z") is the sole member of WildStar. The reporting person is a member and co-manager of RRA&Z and is also the manager of WildStar.
- F4The 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.
- F5Shares of Class B Common Stock are convertible into shares of Class A Common Stock of the Issuer on a one-to-one basis at any time at the option of the holder. The ticker symbol for Class B Common Stock is STZ.B.
- F6RHT 2015 Business Holdings LP ("RHT 2015 Holdings") is a limited partnership and its co-general partners are RHT 2015 Business Management LLC ("RHT Management") and WildStar. RHT Management's ownership interest in RHT 2015 Holdings was reduced from 0.025% to 0.0249% as a result of the transaction described in footnote (1) above. The reporting person indirectly holds limited partner interests in RHT 2015 Holdings and is the sole member of RHT Management.
Remarks
respoa.txt Exhibit 24 - Power of Attorney