SEC Form 4 · accession 0001225208-18-008655
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
May 1, 2018
Accepted (ET)
May 3, 2018 · 4:13 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 | May 1, 2018 | M | 5,180 | $0.00 | A | 62,473 | D | |
| Class A Common StockF2 | May 1, 2018 | M | 2,775 | $0.00 | A | 65,248 | D | |
| Class A Common Stock | May 1, 2018 | F | 3,652 | $229.68 | D | 61,596 | 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 StockF3 | holding | — | — | — | 20,299 | I | By Spouse | |
| Class A Common StockF4 | holding | — | — | — | 374 | I | by Spouse as custodian for son under UTMA-1 | |
| Class A Common StockF4 | 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 UnitsF1,F5 | — | May 1, 2018 | M | 5,180 | D | — | — | Class A Common Stock | 5,180 | 0 | D |
| Restricted Stock UnitsF2,F6 | — | May 1, 2018 | M | 927 | D | May 1, 2015 | — | Class A Common Stock | 927 | 0 | D |
| Restricted Stock UnitsF2,F6 | — | May 1, 2018 | M | 647 | D | May 1, 2016 | — | Class A Common Stock | 647 | 647 | D |
| Restricted Stock UnitsF2,F6 | — | May 1, 2018 | M | 565 | D | May 1, 2017 | — | Class A Common Stock | 565 | 1,128 | D |
| Restricted Stock UnitsF2,F6 | — | May 1, 2018 | M | 636 | D | May 1, 2018 | — | Class A Common Stock | 636 | 1,907 | D |
Explanation of responses
- F1Each performance share unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
- F2Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
- F3The 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.
- F4These 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.
- F5The performance share units disposed of in the reported transaction vested on May 1, 2018. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.
- F6The restricted stock units disposed of in the reported transaction vested on May 1, 2018. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.