A&Z 2015 BUSINESS HOLDINGS LP 4
4 · CONSTELLATION BRANDS, INC. · Filed Nov 14, 2022
Insider Transaction Report
Form 4
A&Z 2015 BUSINESS HOLDINGS LP
10% Owner
Transactions
- Award
Class A Common Stock
2022-11-10+8,073,856→ 9,264,764 total - Disposition to Issuer
Class B (convertible) Common Stock
2022-11-10−8,073,856→ 0 total→ Class A Common Stock (8,073,856 underlying)
Footnotes (2)
- [F1]Pursuant to a reclassification exempt under Rule 16b-7 that was effected by Constellation Brands, Inc. on November 10, 2022, each share of Class B Common Stock ($0.01 par value) was reclassified and converted into one share of Class A Common Stock ($0.01 par value) and the right to receive a $64.64 cash payment. The conversion of the shares of Class B Common Stock into shares of Class A Common Stock pursuant to the reclassification is also exempt under Rule 16b-3 to the extent of the pecuniary interest in the shares of Richard Sands and Robert Sands.
- [F2]This report is filed jointly by A&Z 2015 Business Holdings LP ("A&Z Holdings") and A&Z 2015 Business Management LLC ("A&Z Management"). The reported securities are owned directly by A&Z Holdings. A&Z Management is the co-general partner of, and owns a 0.0249% interest in, A&Z Holdings.