LOCKE JAMES A III 4

Accession 0000016918-21-000115

CIK 0000016918other

View on SEC.gov Company Profile

Filed

May 3, 8:00 PM ET

Accepted

May 4, 4:25 PM ET

Size

24.3 KB

Accession

0000016918-21-000115

Insider Transaction Report

Form 4

Period: 2021-04-30

CONSTELLATION BRANDS, INC.STZ

LOCKE JAMES A III

Director

Transactions

Sale
Class A Common Stock
2021-04-30$240.52/sh−11,341$2,727,715→ 0 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2021-04-30−6,517→ 0 total
Exercise: $21.48From: 2012-01-21Exp: 2021-07-21→ Class 1 (convertible) Common Stock (6,517 underlying)
Conversion
Class 1 (convertible) Common Stock
2021-04-30−6,517→ 0 total
→ Class A Common Stock (6,517 underlying)
Conversion
Class A Common Stock
2021-04-30+11,341→ 11,341 total
Conversion
Class 1 (convertible) Common Stock
2021-04-30−4,824→ 0 total
→ Class A Common Stock (4,824 underlying)
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2021-04-30−4,824→ 0 total
Exercise: $29.02From: 2013-01-27Exp: 2022-07-27→ Class 1 (convertible) Common Stock (4,824 underlying)
Exercise/Conversion
Class 1 (convertible) Common Stock
2021-04-30$29.02/sh+4,824$139,992→ 4,824 total
→ Class A Common Stock (4,824 underlying)
Exercise/Conversion
Class 1 (convertible) Common Stock
2021-04-30$21.48/sh+6,517$139,985→ 6,517 total
→ Class A Common Stock (6,517 underlying)

Holdings

Class B (convertible) Common Stock
(indirect: By Trust)
→ Class A Common Stock (264 underlying)
264
Class A Common Stock
(indirect: By Trust)
39,517
Class 1 (convertible) Common Stock
(indirect: By Trust)
→ Class A Common Stock (10,447 underlying)
10,447

Footnotes (9)

[F1]The reported shares of Class A Common Stock were received upon the conversion of shares of Class 1 Common Stock on a one-to-one basis.
[F2]Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $240.5000 to $240.8600, inclusive. Upon request by the Commission staff, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
[F3]Reflects a change in beneficial ownership of 39,517 shares of Class A Common Stock from direct to indirect. On April 23, 2021 and April 29, 2021 the reporting person transferred 3,971 and 35,546 shares respectively to the James A. Locke III Revocable Trust.
[F4]Held by the James A. Locke III Revocable Trust, of which the reporting person is the Trustee and beneficiary.
[F5]100% of this option has become exercisable.
[F6]Shares of Class 1 Common Stock are convertible to shares of Class A Common Stock of the Issuer on a one-to-one basis in connection with the holders' sale of the shares of Class A Common Stock received upon the conversion. Class 1 Common Stock is not traded on any stock exchange.
[F7]Reflects a change in beneficial ownership of 10,447 shares of Class 1 Common Stock from direct to indirect. On April 27, 2021, the reporting person transferred 10,447 shares to the James A. Locke III Revocable Trust.
[F8]Shares of Class B Common Stock are convertible into shares of Class A Common Stock of the Issuer on a one-to-one basis at any time at the option of the holder. The ticker symbol for Class B Common Stock is STZ.B.
[F9]Reflects a change in beneficial ownership of 264 shares of Class B Common Stock from direct to indirect. On April 29, 2021, the reporting person transferred 264 shares to the James A. Locke III Revocable Trust.

Documents

1 file

4
wf-form4_162015992448689.xmlPrimary
FORM 4

Issuer

CONSTELLATION BRANDS, INC.

CIK 0000016918

→

Entity typeother

Related Parties

filerCIK 0001245565

Filing Metadata

Form type: 4
Filed: May 3, 8:00 PM ET
Accepted: May 4, 4:25 PM ET
Size: 24.3 KB

View on SEC.gov