SEC Form 4 · accession 0001225208-18-006797
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
Mar 27, 2018
Accepted (ET)
Mar 29, 2018 · 4:40 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 | Oct 12, 2017 | G | 962 | $0.00 | D | 57,293 | 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 StockF2 | holding | — | — | — | 20,299 | I | By Spouse | |
| Class A Common StockF3 | holding | — | — | — | 374 | I | by Spouse as custodian for son under UTMA-1 | |
| Class A Common StockF3 | holding | — | — | — | 374 | I | by Spouse as custodian for son under UTMA-2 |
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 | — | Mar 27, 2018 | A | 5,180 | A | — | — | Class A Common Stock | 5,180 | 5,180 | 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.
- F2The 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.
- F3These shares are held in UTMA accounts for the benefit of the reporting person's stepsons. 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.
- 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, 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.