SEC Form 4 · accession 0001225208-18-001305
CONSTELLATION BRANDS, INC. · STZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Abigail J Bennett
10% Owner
Period of report
Jan 17, 2018
Accepted (ET)
Jan 19, 2018 · 4:35 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 | Dec 21, 2017 | G | 4,104 | $0.00 | D | 322,666 | I | by Marilyn Sands Master Trust |
| Class A Common Stock | holding | — | — | — | 37,415 | D | ||
| Class A Common StockF4,F5 | holding | — | — | — | 1,252,052 | I | by A&Z 2015 Business Holdings LP | |
| Class A Common StockF2,F6 | holding | — | — | — | 20,615 | I | by NS Descendants' Trust |
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 StockF8,F9,F10,F7 | — | Jan 17, 2018 | J | 183,432 | A | — | — | Class A Common Stock | 183,432 | 183,432 | I |
| Class B (convertible) Common StockF4,F5,F7 | — | holding | — | — | — | — | — | Class A Common Stock | 8,012,712 | 8,012,712 | I |
| Class B (convertible) Common StockF2,F6,F7 | — | holding | — | — | — | — | — | Class A Common Stock | 20,695 | 20,695 | I |
Explanation of responses
- F1On December 21, 2017, gifts in the aggregate amount of 4,104 shares were made from the Marilyn Sands Master Trust.
- F10MAS Holdings is a limited partnership and its co-general partners are MAS Management and WildStar Partners LLC.
- F2Except to the extent that the reporting person has a direct or indirect pecuniary interest in securities owned by the trust, the reporting person disclaims beneficial ownership with respect to 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.
- F3Held by the Marilyn Sands Master Trust, for which the reporting person serves as a trustee.
- F4Except 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 respect to 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.
- F5Held by A&Z 2015 Business Holdings LP ("A&Z Holdings"). A&Z 2015 Business Management LLC ("A&Z Management") is a co-general partner of A&Z Holdings, holding a .0249% general partner interest. The reporting person indirectly holds limited partner interests in A&Z Holdings and is a member of A&Z Management.
- F6Held by the Nancy Sands Descendants Trust, for which the reporting person serves as a trustee.
- F7Shares 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.
- F8On January 17, 2018, Abby & Zach Holdings LLC ("Abby & Zach Holdings") purchased a 33.3% interest in MAS Business Management LLC ("MAS Management"). MAS Management holds a 0.0139% general partner interest in MAS Business Holdings LP ("MAS Holdings"). The reporting person is a member and a co-manager of Abby & Zach Holdings.
- F9Except to the extent that the reporting person has a direct or indirect pecuniary interest in securities owned by MAS Holdings, the reporting person disclaims beneficial ownership with respect to 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.