4//SEC Filing
SANDS ROBERT 4
Accession 0000950170-24-115714
CIK 0000016918other
Filed
Oct 17, 8:00 PM ET
Accepted
Oct 18, 6:52 PM ET
Size
13.8 KB
Accession
0000950170-24-115714
Insider Transaction Report
Form 4
SANDS ROBERT
DirectorPresident & CEO10% Owner
Transactions
- Sale
Class A Common Stock
2024-10-16$243.40/sh−8,023$1,952,798→ 431,729 total(indirect: By LLC) - Sale
Class A Common Stock
2024-10-16$242.53/sh−62,923$15,260,715→ 439,752 total(indirect: By LLC) - Sale
Class A Common Stock
2024-10-16$242.00/sh−48,328$11,695,376→ 502,675 total(indirect: By LLC)
Holdings
- 20,488,818(indirect: By LLC)
Class A Common Stock
- 1,769(indirect: By Spouse)
Class A Common Stock
- 8,600
Class A Common Stock
- 19,329(indirect: By PKSDT 2016 STZ)
Class A Common Stock
Footnotes (8)
- [F1]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $241.25 to $242.24 per share, inclusive. The reporting person undertakes to provide Constellation Brands, Inc., any security holder of Constellation Brands, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in footnotes 1, 3, and 4 of this Form 4.
- [F2]RSS Master LLC ("RSS Master") directly owns the reported securities. RSS Master is a limited liability company that is wholly-owned by the Robert S. Sands Master Trust. The reporting person is the sole trustee and sole beneficiary of the Robert S. Sands Master Trust.
- [F3]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $242.25 to $243.24 per share, inclusive.
- [F4]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $243.25 to $243.63 per share, inclusive.
- [F5]Various Sands family limited partnerships directly own the reported securities. WildStar Partners LLC ("WildStar") holds a .045% co-general partner interest in those family limited partnerships. RRA&Z Holdings LLC ("RRA&Z") is the sole member of WildStar. The reporting person indirectly owns a membership interest in and is co-manager of RRA&Z.
- [F6]PKSDT 2016 STZ LLC ("PKSDT") directly owns the reported securities and is a wholly-owned subsidiary of the Pamela K. Sands 2016 Descendants' Trust (the "Trust"). These shares are held for the benefit of the reporting person's stepchildren. The reporting person's spouse is the trustee of the Trust. 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.
- [F7]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.
- [F8]463 shares of Class A Common Stock were previously reported as held directly by the Reporting Person. The Reporting Person has transferred the securities to RSS Master, which is the direct owner of these securities.
Documents
Issuer
CONSTELLATION BRANDS, INC.
CIK 0000016918
Entity typeother
Related Parties
1- filerCIK 0001245564
Filing Metadata
- Form type
- 4
- Filed
- Oct 17, 8:00 PM ET
- Accepted
- Oct 18, 6:52 PM ET
- Size
- 13.8 KB