SEC Form 4 · accession 0001225208-17-007723
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
Apr 4, 2017
Accepted (ET)
Apr 6, 2017 · 5:07 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 | holding | — | — | — | 55,041 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF5,F4,F6 | — | Apr 4, 2017 | A | 8,420 | A | — | — | Class A Common Stock | 8,420 | 8,420 | D |
Explanation of responses
- F1Includes shares of Class A Common Stock acquired in July 2016 and January 2017 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.
- 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.
- F4Each performance share unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
- F5Represents the date that the performance criteria with respect to the performance share units was satisfied.
- F6The performance share units vest on May 1, 2017 if the reporting person remains an employee through such date. Vested shares will be delivered to the reporting person on the vesting date net of shares withheld to satisfy taxes.