SEC Form 4 · accession 0001225208-17-013233
CONSTELLATION BRANDS, INC. · STZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Mullin
Officer — Exec. VP & Gen. Counsel
Period of report
Aug 1, 2017
Accepted (ET)
Aug 3, 2017 · 4:27 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 | Aug 1, 2017 | C | 31,308 | $0.00 | A | 86,005 | D | |
| Class A Common StockF2 | Aug 1, 2017 | S | 31,308 | $195.0811 | D | 54,697 | D | |
| Class A Common StockF1 | Aug 3, 2017 | C | 23,526 | $0.00 | A | 78,223 | D | |
| Class A Common StockF3 | Aug 3, 2017 | S | 23,526 | $193.7168 | D | 54,697 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class 1 (convertible) Common StockF4 | — | Aug 1, 2017 | M | 31,308 | A | — | — | Class A Common Stock | 31,308 | 31,308 | D |
| Class 1 (convertible) Common StockF4 | — | Aug 1, 2017 | C | 31,308 | D | — | — | Class A Common Stock | 31,308 | 0 | D |
| Non-Qualified Stock Option (right to buy)F5 | $16.67 | Aug 1, 2017 | M | 31,308 | D | Apr 5, 2011 | Apr 5, 2020 | Class 1 Common Stock | 31,308 | 23,526 | D |
| Class 1 (convertible) Common StockF4 | — | Aug 3, 2017 | M | 23,526 | A | — | — | Class A Common Stock | 23,526 | 23,526 | D |
| Class 1 (convertible) Common StockF4 | — | Aug 3, 2017 | C | 23,526 | D | — | — | Class A Common Stock | 23,526 | 0 | D |
| Non-Qualified Stock Option (right to buy)F5 | $16.67 | Aug 3, 2017 | M | 23,526 | D | Apr 5, 2011 | Apr 5, 2020 | Class 1 Common Stock | 23,526 | 0 | D |
Explanation of responses
- F1The reported shares of Class A Common Stock were received upon the conversion of shares of Class 1 Common Stock on a one-to-one basis.
- F2Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $194.76 to $195.25, inclusive. Upon request by the Commission staff, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
- F3Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $193.50 to $194.19, inclusive. Upon request by the Commission staff, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
- F4Shares of Class 1 Common Stock are convertible to shares of Class A Common Stock of the Issuer on a one-to-one basis in connection with the holders' sale of the shares of Class A Common Stock received upon the conversion. Class 1 Common Stock is not traded on any stock exchange.
- F5The four-year vesting schedule began on the date specified; 100% of this option has now vested.