SEC Form 4 · accession 0001225208-17-007724
CONSTELLATION BRANDS, INC. · STZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
F Paul Hetterich
Officer — Exec. Vice President
Period of report
Feb 23, 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,F2 | Feb 23, 2017 | L | 1 | $160.776 | A | 374 | I | by Spouse as custodian for son under UTMA-1 |
| Class A Common StockF1,F2 | Feb 23, 2017 | L | 1 | $160.776 | A | 374 | I | by Spouse as custodian for son under UTMA-2 |
| Class A Common StockF3 | holding | — | — | — | 52,446 | D | ||
| Class A Common Stock | holding | — | — | — | 737 | I | As UTMA custodian for Son | |
| Class A Common Stock | holding | — | — | — | 599 | I | by Daughter | |
| Class A Common StockF1 | holding | — | — | — | 20,299 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF5,F4,F6 | — | Apr 4, 2017 | A | 7,420 | A | — | — | Class A Common Stock | 7,420 | 7,420 | D |
Explanation of responses
- F1These shares are included in this report as a result of the reporting person's recent marriage. The 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.
- F2These shares are held in UTMA accounts for the benefit of the reporting person's stepsons.
- F3Includes shares of Class A Common Stock acquired in January 2017 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.
- 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.