SEC Form 4 · accession 0001225208-18-011850
CONSTELLATION BRANDS, INC. · STZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ernesto M Hernandez
Director
Period of report
Jul 17, 2018
Accepted (ET)
Jul 19, 2018 · 4:17 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 | Jul 18, 2018 | M | 481 | $0.00 | A | 1,656 | D | |
| Class A Common Stock | Jul 18, 2018 | F | 141 | $214.36 | D | 1,515 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy) | $213.85 | Jul 17, 2018 | A | 1,015 | A | Jan 17, 2019 | Jul 17, 2028 | Class 1 Common Stock | 1,015 | 1,015 | D |
| Restricted Stock UnitsF1,F2 | — | Jul 17, 2018 | A | 444 | A | Jul 17, 2019 | — | Class A Common Stock | 444 | 444 | D |
| Restricted Stock UnitsF1,F3 | — | Jul 18, 2018 | M | 481 | D | Jul 18, 2018 | — | Class A Common Stock | 481 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
- F2All of these restricted stock units vest on the date specified. Vested shares will be delivered to the reporting person as of the vesting date net of shares withheld to satisfy taxes.
- F3The restricted stock units disposed of in the reported transaction vested on July 18, 2018. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.