SEC Form 4 · accession 0001225208-18-006793
CONSTELLATION BRANDS, INC. · STZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Eric Klein
Officer — Exec Vice Pres. & CFO
Period of report
Mar 27, 2018
Accepted (ET)
Mar 29, 2018 · 4:38 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 | — | — | — | 40,246 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF3,F2,F4 | — | Mar 27, 2018 | A | 4,820 | A | — | — | Class A Common Stock | 4,820 | 4,820 | D |
Explanation of responses
- F1Includes shares of Class A Common Stock acquired in July 2017 and January 2018 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.
- F2Each performance share unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
- F3Represents the date that the performance criteria with respect to the performance share units was satisfied.
- F4The performance share units vest on May 1, 2018 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.