Hanson Robert Lee 4
4 · CONSTELLATION BRANDS, INC. · Filed Jul 24, 2023
Insider Transaction Report
Form 4
Hanson Robert Lee
Director
Transactions
- Sale
Class A Common Stock
2023-07-20$268.10/sh−12,299$3,297,324→ 11,862 total - Exercise/Conversion
Class 1 (convertible) Common Stock
2023-07-20$185.02/sh+12,299$2,275,561→ 12,299 total→ Class A Common Stock (12,299 underlying) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2023-07-20−12,299→ 0 totalExercise: $185.02From: 2020-06-26Exp: 2029-06-26→ Class 1 (convertible) Common Stock (12,299 underlying) - Conversion
Class A Common Stock
2023-07-20+12,299→ 24,161 total - Conversion
Class 1 (convertible) Common Stock
2023-07-20−12,299→ 0 total→ Class A Common Stock (12,299 underlying)
Footnotes (4)
- [F1]100% of this option has become exercisable.
- [F2]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.
- [F3]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.
- [F4]Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $268.0000 to $268.2800, 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.