HETTERICH F PAUL 4
4 · CONSTELLATION BRANDS, INC. · Filed Feb 25, 2022
Insider Transaction Report
Form 4
HETTERICH F PAUL
Executive VP
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2022-02-24−30,280→ 0 totalExercise: $24.50From: 2013-04-03Exp: 2022-04-03→ Class 1 (convertible) Common Stock (30,280 underlying) - Exercise/Conversion
Class 1 (convertible) Common Stock
2022-02-24$24.50/sh+30,280$741,860→ 30,280 total→ Class A Common Stock (30,280 underlying)
Holdings
- 373.928(indirect: By Spouse)
Class A Common Stock
- 373.928(indirect: By Spouse)
Class A Common Stock
- 737(indirect: As UTMA custodian for Son)
Class A Common Stock
- 57,942
Class A Common Stock
- 14,230(indirect: By Spouse)
Class A Common Stock
- 599(indirect: by Daughter)
Class A Common Stock
Footnotes (5)
- [F1]Includes shares of Class A Common Stock acquired in July 2021 and January 2022 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.
- [F2]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.
- [F3]These 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.
- [F4]100% of this option has become exercisable.
- [F5]Shares of Class 1 Common Stock are convertible into shares of Class A Common Stock of the Issuer on a one-to-one basis. In accordance with the certificate of incorporation of Constellation Brands, Inc., any shares of Class A Common Stock issued upon conversion of shares of Class 1 Common Stock must be sold immediately in connection with the conversion. Class 1 Common Stock is not traded on any stock exchange.