SEC Form 4 · accession 0001225208-18-008659
CONSTELLATION BRANDS, INC. · STZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William A Newlands
Officer — President & COO
Period of report
May 1, 2018
Accepted (ET)
May 3, 2018 · 4:16 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 | 18,146 | $0.00 | A | 19,174 | D | |
| Class A Common StockF2 | May 1, 2018 | M | 3,369 | $0.00 | A | 22,543 | D | |
| Class A Common Stock | May 1, 2018 | F | 9,380 | $229.68 | D | 13,163 | 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 UnitsF1,F3 | — | May 1, 2018 | M | 18,146 | D | — | — | Class A Common Stock | 18,146 | 0 | D |
| Restricted Stock UnitsF2,F4 | — | May 1, 2018 | M | 630 | D | — | — | Class A Common Stock | 630 | 630 | D |
| Restricted Stock UnitsF2,F4 | — | May 1, 2018 | M | 1,493 | D | May 1, 2016 | — | Class A Common Stock | 1,493 | 0 | D |
| Restricted Stock UnitsF2,F4 | — | May 1, 2018 | M | 565 | D | May 1, 2017 | — | Class A Common Stock | 565 | 1,128 | D |
| Restricted Stock UnitsF2,F4 | — | May 1, 2018 | M | 681 | D | May 1, 2018 | — | Class A Common Stock | 681 | 2,043 | 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 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.
- F4The 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.