4//SEC Filing
Newlands William A 4
Accession 0000016918-24-000093
CIK 0000016918other
Filed
May 13, 8:00 PM ET
Accepted
May 14, 4:32 PM ET
Size
15.3 KB
Accession
0000016918-24-000093
Insider Transaction Report
Form 4
Newlands William A
DirectorPresident & CEO
Transactions
- Sale
Class A Common Stock
2024-05-10$261.38/sh−18,811$4,916,767→ 20,889 total - Conversion
Class 1 (convertible) Common Stock
2024-05-10−25,000→ 0 total→ Class A Common Stock (25,000 underlying) - Conversion
Class A Common Stock
2024-05-10+25,000→ 39,700 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2024-05-10−25,000→ 76,208 totalExercise: $153.02From: 2021-04-21Exp: 2030-04-21→ Class 1 (convertible) Common Stock (25,000 underlying) - Sale
Class A Common Stock
2024-05-10$262.05/sh−6,189$1,621,797→ 14,700 total - Exercise/Conversion
Class 1 (convertible) Common Stock
2024-05-10$153.02/sh+25,000$3,825,500→ 25,000 total→ Class A Common Stock (25,000 underlying)
Footnotes (5)
- [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 $260.7530 to $261.7400, 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]Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $261.7550 to $262.1550, 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.
- [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.
Documents
Issuer
CONSTELLATION BRANDS, INC.
CIK 0000016918
Entity typeother
Related Parties
1- filerCIK 0001531376
Filing Metadata
- Form type
- 4
- Filed
- May 13, 8:00 PM ET
- Accepted
- May 14, 4:32 PM ET
- Size
- 15.3 KB