SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Hankinson Garth

(Last) (First) (Middle)
C/O CONSTELLATION BRANDS, INC.
50 EAST BROAD STREET

(Street)
ROCHESTER NY 14614

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CONSTELLATION BRANDS, INC. [ STZ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & CFO
3. Date of Earliest Transaction (Month/Day/Year)
08/08/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 08/08/2024 C 13,583 A (1) 25,285 D
Class A Common Stock 08/08/2024 S 13,583 D $240 11,702 D
Class A Common Stock 08/09/2024 C 20,097 A (1) 31,799 D
Class A Common Stock 08/09/2024 S 20,097 D $240.1639(2) 11,702 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $117.12 08/08/2024 M 1,470 04/28/2016(3) 04/28/2025 Class 1 (convertible) Common Stock 1,470 $0 0 D
Non-Qualified Stock Option (right to buy) $156.84 08/08/2024 M 2,267 04/25/2017(3) 04/25/2026 Class 1 (convertible) Common Stock 2,267 $0 0 D
Non-Qualified Stock Option (right to buy) $172.09 08/08/2024 M 2,464 04/21/2018(3) 04/21/2027 Class 1 (convertible) Common Stock 2,464 $0 0 D
Non-Qualified Stock Option (right to buy) $228.26 08/08/2024 M 2,439 04/23/2019(3) 04/23/2028 Class 1 (convertible) Common Stock 2,439 $0 0 D
Non-Qualified Stock Option (right to buy) $207.48 08/08/2024 M 2,870 04/23/2020(3) 04/23/2029 Class 1 (convertible) Common Stock 2,870 $0 0 D
Non-Qualified Stock Option (right to buy) $153.02 08/08/2024 M 2,073 04/21/2021(3) 04/21/2030 Class 1 (convertible) Common Stock 2,073 $0 20,097 D
Class 1 (convertible) Common Stock (4) 08/08/2024 M 1,470 (4) (4) Class A Common Stock 1,470 $117.12 1,470 D
Class 1 (convertible) Common Stock (4) 08/08/2024 M 2,267 (4) (4) Class A Common Stock 2,267 $156.84 2,267 D
Class 1 (convertible) Common Stock (4) 08/08/2024 M 2,464 (4) (4) Class A Common Stock 2,464 $172.09 2,464 D
Class 1 (convertible) Common Stock (4) 08/08/2024 M 2,439 (4) (4) Class A Common Stock 2,439 $228.26 2,439 D
Class 1 (convertible) Common Stock (4) 08/08/2024 M 2,870 (4) (4) Class A Common Stock 2,870 $207.48 2,870 D
Class 1 (convertible) Common Stock (4) 08/08/2024 M 2,073 (4) (4) Class A Common Stock 2,073 $153.02 2,073 D
Class 1 (convertible) Common Stock (4) 08/08/2024 C 13,583 (4) (4) Class A Common Stock 13,583 $0 0 D
Non-Qualified Stock Option (right to buy) $153.02 08/09/2024 M 20,097 04/21/2021(3) 04/21/2030 Class 1 (convertible) Common Stock 20,097 $0 0 D
Class 1 (convertible) Common Stock (4) 08/09/2024 M 20,097 (4) (4) Class A Common Stock 20,097 $153.02 20,097 D
Class 1 (convertible) Common Stock (4) 08/09/2024 C 20,097 (4) (4) Class A Common Stock 20,097 $0 0 D
Explanation of Responses:
1. 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.
2. Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $240.0000 to $240.6200, 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.
3. 100% of this option has become exercisable.
4. 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.
Remarks:
/s/ Brian Bennett, Attorney-in-fact 08/12/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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