0000901309-01-500100.txt : 20011026
0000901309-01-500100.hdr.sgml : 20011026
ACCESSION NUMBER: 0000901309-01-500100
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20011018
GROUP MEMBERS: CWC PARTNERSHIP-I
GROUP MEMBERS: M, L, R &R
GROUP MEMBERS: MARILYN SANDS
GROUP MEMBERS: R, R, M &C GROUP, L.P.
GROUP MEMBERS: R, R, M &C MANAGEMENT CORPORATION
GROUP MEMBERS: R, R, M &C PARTNERS, L.L.C.
GROUP MEMBERS: RICHARD SANDS
GROUP MEMBERS: ROBERT SANDS
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: SANDS RICHARD ET AL
CENTRAL INDEX KEY: 0000925761
STANDARD INDUSTRIAL CLASSIFICATION: []
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: 116 BUFFALO STREET
CITY: CANANDAIGUA
STATE: NY
ZIP: 14424
MAIL ADDRESS:
STREET 1: 116 BUFFALO STREET
CITY: CANANDAIGUA
STATE: NY
ZIP: 14424
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: CONSTELLATION BRANDS INC
CENTRAL INDEX KEY: 0000016918
STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080]
IRS NUMBER: 160716709
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0228
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-18096
FILM NUMBER: 1761820
BUSINESS ADDRESS:
STREET 1: 300 WILLOWBROOK OFFICE PARK
CITY: FAIRPORT
STATE: NY
ZIP: 14450
BUSINESS PHONE: 7162182169
MAIL ADDRESS:
STREET 1: 300 WILLOWBROOK OFFICE PARK
CITY: FAIRPORT
STATE: NY
ZIP: 14450
FORMER COMPANY:
FORMER CONFORMED NAME: CANANDAIGUA BRANDS INC
DATE OF NAME CHANGE: 19970902
FORMER COMPANY:
FORMER CONFORMED NAME: CANANDAIGUA WINE CO INC
DATE OF NAME CHANGE: 19920703
SC 13D/A
1
amensc13d10_15.txt
AMENDMENT NO. 1 TO SCHEDULE 13D
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
CONSTELLATION BRANDS, INC.
--------------------------
(Name of Issuer)
Class A Common Stock, par value $.01 per share
Class B Common Stock, par value $.01 per share
----------------------------------------------
(Title of Class of Securities)
Class A 21036P 10 8
Class B 21036P 20 7
-------------------
(CUSIP Numbers)
Roger W. Byrd, Esq.
Nixon Peabody LLP
1300 Clinton Square
Rochester, New York 14604
716-263-1687
-----------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
October 1, 2001
-----------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box [ ].
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss. 240.13d-7 for other
parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
-2-
--------------------------------------------------
CUSIP NO. Class A 21036P 10 8
Class B 21036P 20 7
--------------------------------------------------
---------- -------------------------------------------------------------------
1 Names of Reporting Persons
IRS Identification Nos. of above Persons (Entities Only)
R, R, M & C Partners, L.L.C.
---------- -------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(A) |_|
(B) |X|
---------- -------------------------------------------------------------------
3 SEC Use Only
---------- -------------------------------------------------------------------
4 Source of Funds
OO
---------- -------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) |_|
---------- -------------------------------------------------------------------
6 Citizenship or Place of Organization
Missouri
---------- -------------------------------------------------------------------
Number of 7 Sole Voting Power
Shares Class A Shares 0
Class B Shares 0
-------- -------------------------------------------------
Beneficially 8 Shared Voting Power
Owned by Class A Shares 0
Class B Shares 0
-------- -------------------------------------------------
Each 9 Sole Dispositive Power
Reporting Class A Shares 0
Class B Shares 0
-------- -------------------------------------------------
Person with 10 Shared Dispositive Power
Class A Shares 0
Class B Shares 0
------------------- -------- -------------------------------------------------
11 Aggregate Amount Beneficially Owned by Reporting Person
Class A Shares 0
Class B Shares 0
------------ -----------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain
Shares |_|
------------ -----------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
Class A Shares 0.0%
Class B Shares 0.0%
------------ -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
------------ -----------------------------------------------------------------
-3-
--------------------------------------------------
CUSIP NO. Class A 21036P 10 8
Class B 21036P 20 7
--------------------------------------------------
---------- -------------------------------------------------------------------
1 Names of Reporting Persons
IRS Identification Nos. of above Persons (Entities Only)
R, R, M & C Group, L.P.
---------- -------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(A) |_|
(B) |X|
---------- -------------------------------------------------------------------
3 SEC Use Only
---------- -------------------------------------------------------------------
4 Source of Funds
OO
---------- -------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) |_|
---------- -------------------------------------------------------------------
6 Citizenship or Place of Organization
Missouri
---------- -------------------------------------------------------------------
Number of 7 Sole Voting Power
Shares Class A Shares 0
Class B Shares 0
-------- -------------------------------------------------
Beneficially 8 Shared Voting Power
Owned by Class A Shares 0
Class B Shares 0
-------- -------------------------------------------------
Each 9 Sole Dispositive Power
Reporting Class A Shares 0
Class B Shares 0
-------- -------------------------------------------------
Person with 10 Shared Dispositive Power
Class A Shares 0
Class B Shares 0
------------------- -------- -------------------------------------------------
11 Aggregate Amount Beneficially Owned by Reporting Person
Class A Shares 0
Class B Shares 0
------------ -----------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain
Shares |_|
------------ -----------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
Class A Shares 0.0%
Class B Shares 0.0%
------------ -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
------------ -----------------------------------------------------------------
-4-
--------------------------------------------------
CUSIP NO. Class A 21036P 10 8
Class B 21036P 20 7
--------------------------------------------------
---------- -------------------------------------------------------------------
1 Names of Reporting Persons
IRS Identification Nos. of above Persons (Entities Only)
R, R, M & C Management Corporation
---------- -------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(A) |_|
(B) |X|
---------- -------------------------------------------------------------------
3 SEC Use Only
---------- -------------------------------------------------------------------
4 Source of Funds
OO
---------- -------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) |_|
---------- -------------------------------------------------------------------
6 Citizenship or Place of Organization
Missouri
---------- -------------------------------------------------------------------
Number of 7 Sole Voting Power
Shares Class A Shares 0
Class B Shares 0
-------- -------------------------------------------------
Beneficially 8 Shared Voting Power
Owned by Class A Shares 0
Class B Shares 0
-------- -------------------------------------------------
Each 9 Sole Dispositive Power
Reporting Class A Shares 0
Class B Shares 0
-------- -------------------------------------------------
Person with 10 Shared Dispositive Power
Class A Shares 0
Class B Shares 0
------------------- -------- -------------------------------------------------
11 Aggregate Amount Beneficially Owned by Reporting Person
Class A Shares 0
Class B Shares 0
------------ -----------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain
Shares |_|
------------ -----------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
Class A Shares 0.0%
Class B Shares 0.0%
------------ -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
------------ -----------------------------------------------------------------
-5-
--------------------------------------------------
CUSIP NO. Class A 21036P 10 8
Class B 21036P 20 7
--------------------------------------------------
---------- -------------------------------------------------------------------
1 Names of Reporting Persons
IRS Identification Nos. of above Persons (Entities Only)
The Stockholders Group described in Item 2
---------- -------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(A) |_|
(B) |X|
---------- -------------------------------------------------------------------
3 SEC Use Only
---------- -------------------------------------------------------------------
4 Source of Funds
OO
---------- -------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) |_|
---------- -------------------------------------------------------------------
6 Citizenship or Place of Organization
Not Applicable
---------- -------------------------------------------------------------------
Number of 7 Sole Voting Power
Shares Class A Shares 0
Class B Shares 0
-------- -------------------------------------------------
Beneficially 8 Shared Voting Power
Owned by Class A Shares 0
Class B Shares 0
-------- -------------------------------------------------
Each 9 Sole Dispositive Power
Reporting Class A Shares 0
Class B Shares 0
-------- -------------------------------------------------
Person with 10 Shared Dispositive Power
Class A Shares 0
Class B Shares 0
------------------- -------- -------------------------------------------------
11 Aggregate Amount Beneficially Owned by Reporting Person
Class A Shares 0
Class B Shares 0
------------ -----------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain
Shares |_|
------------ -----------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
Class A Shares 0.0%
Class B Shares 0.0%
------------ -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
------------ -----------------------------------------------------------------
-6-
--------------------------------------------------
CUSIP NO. Class A 21036P 10 8
Class B 21036P 20 7
--------------------------------------------------
---------- -------------------------------------------------------------------
1 Names of Reporting Persons
IRS Identification Nos. of above Persons (Entities Only)
Richard Sands
---------- -------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(A) |_|
(B) |X|
---------- -------------------------------------------------------------------
3 SEC Use Only
---------- -------------------------------------------------------------------
4 Source of Funds
OO
---------- -------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) |_|
---------- -------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
---------- -------------------------------------------------------------------
Number of 7 Sole Voting Power
Shares Class A Shares 398,302
Class B Shares 1,477,058
-------- -------------------------------------------------
Beneficially 8 Shared Voting Power
Owned by Class A Shares 147,356
Class B Shares 2,715,036
-------- -------------------------------------------------
Each 9 Sole Dispositive Power
Reporting Class A Shares 398,302
Class B Shares 1,477,058
-------- -------------------------------------------------
Person with 10 Shared Dispositive Power
Class A Shares 147,356
Class B Shares 2,715,036
------------------- -------- -------------------------------------------------
11 Aggregate Amount Beneficially Owned by Reporting Person
Class A Shares 545,658 (4,737,752 if Class B Shares were
converted)
Class B Shares 4,192,094
------------ -----------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain
Shares |_|
------------ -----------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
Class A Shares 1.5% (11.3% if Class B Shares were
converted)
Class B Shares 69.0%
------------ -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
------------ -----------------------------------------------------------------
-7-
--------------------------------------------------
CUSIP NO. Class A 21036P 10 8
Class B 21036P 20 7
--------------------------------------------------
---------- -------------------------------------------------------------------
1 Names of Reporting Persons
IRS Identification Nos. of above Persons (Entities Only)
Robert Sands
---------- -------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(A) |_|
(B) |X|
---------- -------------------------------------------------------------------
3 SEC Use Only
---------- -------------------------------------------------------------------
4 Source of Funds
OO
---------- -------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) |_|
---------- -------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
---------- -------------------------------------------------------------------
Number of 7 Sole Voting Power
Shares Class A Shares 428,299
Class B Shares 1,475,648
-------- -------------------------------------------------
Beneficially 8 Shared Voting Power
Owned by Class A Shares 147,356
Class B Shares 2,715,036
-------- -------------------------------------------------
Each 9 Sole Dispositive Power
Reporting Class A Shares 428,299
Class B Shares 1,475,648
-------- -------------------------------------------------
Person with 10 Shared Dispositive Power
Class A Shares 147,356
Class B Shares 2,715,036
------------------- -------- -------------------------------------------------
11 Aggregate Amount Beneficially Owned by Reporting Person
Class A Shares 575,655 (4,766,339 if Class B Shares were
converted)
Class B Shares 4,190,684
------------ -----------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain
Shares |_|
------------ -----------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
Class A Shares 1.5% (11.4% if Class B Shares were
converted)
Class B Shares 69.0%
------------ -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
------------ -----------------------------------------------------------------
-8-
--------------------------------------------------
CUSIP NO. Class A 21036P 10 8
Class B 21036P 20 7
--------------------------------------------------
---------- -------------------------------------------------------------------
1 Names of Reporting Persons
IRS Identification Nos. of above Persons (Entities Only)
Marilyn Sands
---------- -------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(A) |_|
(B) |X|
---------- -------------------------------------------------------------------
3 SEC Use Only
---------- -------------------------------------------------------------------
4 Source of Funds
OO
---------- -------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) |_|
---------- -------------------------------------------------------------------
6 Citizenship or Place of Organization
United States
---------- -------------------------------------------------------------------
Number of 7 Sole Voting Power
Shares Class A Shares 1,078,106
Class B Shares 9,000
-------- -------------------------------------------------
Beneficially 8 Shared Voting Power
Owned by Class A Shares 29,454
Class B Shares 203,700
-------- -------------------------------------------------
Each 9 Sole Dispositive Power
Reporting Class A Shares 1,078,106
Class B Shares 9,000
-------- -------------------------------------------------
Person with 10 Shared Dispositive Power
Class A Shares 29,454
Class B Shares 203,700
------------------- -------- -------------------------------------------------
11 Aggregate Amount Beneficially Owned by Reporting Person
Class A Shares 1,107,560 (1,320,260 if Class B Shares were
converted)
Class B Shares 212,700
------------ -----------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain
Shares |_|
------------ -----------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
Class A Shares 3.0% (3.5% if Class B Shares were
converted)
Class B Shares 3.5%
------------ -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
------------ -----------------------------------------------------------------
-9-
--------------------------------------------------
CUSIP NO. Class A 21036P 10 8
Class B 21036P 20 7
--------------------------------------------------
---------- -------------------------------------------------------------------
1 Names of Reporting Persons
IRS Identification Nos. of above Persons (Entities Only)
CWC Partnership-I
---------- -------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(A) |_|
(B) |X|
---------- -------------------------------------------------------------------
3 SEC Use Only
---------- -------------------------------------------------------------------
4 Source of Funds
OO
---------- -------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) |_|
---------- -------------------------------------------------------------------
6 Citizenship or Place of Organization
New York
---------- -------------------------------------------------------------------
Number of 7 Sole Voting Power
Shares Class A Shares 0
Class B Shares 0
-------- -------------------------------------------------
Beneficially 8 Shared Voting Power
Owned by Class A Shares 118,094
Class B Shares 1,524,770
-------- -------------------------------------------------
Each 9 Sole Dispositive Power
Reporting Class A Shares 0
Class B Shares 0
-------- -------------------------------------------------
Person with 10 Shared Dispositive Power
Class A Shares 118,094
Class B Shares 1,524,770
------------------- -------- -------------------------------------------------
11 Aggregate Amount Beneficially Owned by Reporting Person
Class A Shares 118,094 (1,642,864 if Class B Shares were
converted)
Class B Shares 1,524,770
------------ -----------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain
Shares |_|
------------ -----------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
Class A Shares 0.3% (4.2% if Class B Shares were
converted)
Class B Shares 25.1%
------------ -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
------------ -----------------------------------------------------------------
-10-
--------------------------------------------------
CUSIP NO. Class A 21036P 10 8
Class B 21036P 20 7
--------------------------------------------------
---------- -------------------------------------------------------------------
1 Names of Reporting Persons
IRS Identification Nos. of above Persons (Entities Only)
M, L, R & R
---------- -------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(A) |_|
(B) |X|
---------- -------------------------------------------------------------------
3 SEC Use Only
---------- -------------------------------------------------------------------
4 Source of Funds
OO
---------- -------------------------------------------------------------------
5 Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) |_|
---------- -------------------------------------------------------------------
6 Citizenship or Place of Organization
New York
---------- -------------------------------------------------------------------
Number of 7 Sole Voting Power
Shares Class A Shares 0
Class B Shares 0
-------- -------------------------------------------------
Beneficially 8 Shared Voting Power
Owned by Class A Shares 192
Class B Shares 166,842
-------- -------------------------------------------------
Each 9 Sole Dispositive Power
Reporting Class A Shares 0
Class B Shares 0
-------- -------------------------------------------------
Person with 10 Shared Dispositive Power
Class A Shares 192
Class B Shares 166,842
------------------- -------- -------------------------------------------------
11 Aggregate Amount Beneficially Owned by Reporting Person
Class A Shares 192 (167,034 if Class B Shares were
converted)
Class B Shares 166,842
------------ -----------------------------------------------------------------
12 Check if the Aggregate Amount in Row (11) Excludes Certain
Shares |_|
------------ -----------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11)
Class A Shares 0.0% (0.4% if Class B Shares were
converted)
Class B Shares 2.7%
------------ -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
------------ -----------------------------------------------------------------
-11-
ITEM 1. SECURITY AND ISSUER.
The classes of equity securities to which this statement applies are
the Class A Common Stock, par value $0.01 (the "Class A Stock"), and the Class B
Common Stock, par value $0.01 (the "Class B Stock"), of Constellation Brands,
Inc., a Delaware Corporation with its principal offices at 300 WillowBrook
Office Park, Fairport, New York 14450 (the "Company").
ITEM 2. IDENTITY AND BACKGROUND.
This Schedule 13D is being filed by R, R, M & C Partners, L.L.C. (the
"LLC"), R, R, M & C Group, L.P. (the "Partnership"), R, R, M & C Management
Corporation (the "General Partner") and a former group that had been formed for
the purpose of aggregating shares of Class A Stock and coordinating investing
activities with respect to such shares (the "Group") which included the LLC, the
Partnership and the General Partner (the LLC, the Partnership, the General
Partner and the Group are referred to herein as the "Reporting Persons"). The
other former members of the Group were Richard Sands, Robert Sands, Marilyn
Sands, CWC Partnership-I ("CWCP-I") and M, L, R & R (the "Group Members"). The
Group Members are included in this Schedule 13D solely in their capacity as
former members of the Group and have previously filed a separate Schedule 13D
with respect to their individual holdings if applicable. The Partnership is the
sole manager of the LLC, the General Partner is the sole general partner of the
Partnership and Richard Sands and Robert Sands are each 50% owners of the
General Partner and the only directors or officers of the General Partner.
Certain information with respect to the Reporting Persons and Group
Members is set forth below:
1. R, R, M & C Partners, L.L.C.
a. State of Organization: Missouri
b. Principal Business: Investing
2. R, R, M & C Group, L.P.
a. State of Organization: Missouri
b. Principal Business: Investing
3. R, R, M & C Management Corporation
a. State of Organization: Missouri
b. Principal Business: Investing
4. The Group
a. State of Organization: Not Applicable
b. Principal Business: Investing
5. Richard Sands
a. Principal Occupation: Chairman of the Board,
President and Chief
Executive Officer of the
Company
b. Citizenship: United States
-12-
6. Robert Sands
a. Principal Occupation: Group President of the
Company
b. Citizenship: United States
7. Marilyn Sands
a. Principal Occupation: Retired
b. Citizenship: United States
8. CWC Partnership-I
a. State of Organization: New York (a general
partnership)
b. Principal Business: Investing
9. M, L, R & R
a. State of Organization: New York (a general
partnership)
b. Principal Business: Investing
The principal office address or business address of each of the
Reporting Persons and Group Members is 300 WillowBrook Office Park, Fairport,
New York 14450. None of the Reporting Persons or Group Members has, during the
last five years, been (i) convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors), or (ii) a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction as a result of which
he, she or it is or was subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to, federal
or state securities laws or finding any violation with respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Not Applicable
ITEM 4. PURPOSE OF THE TRANSACTION
Not Applicable
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
On October 1, 2001, the LLC and M, L, R & R completed the sale of
2,150,000 shares of Class A Stock in a registered underwritten public offering
at a public offering price of $38.75 per share. In the offering, the LLC sold
all 2,002,002 shares of Class A Stock it owned and M, L, R & R sold 147,998
shares of Class A Stock. Accordingly, the LLC, the Partnership and the General
Partner no longer beneficially own more than 5% of the outstanding shares of
Class A Stock.
The table below sets forth the shares of Class A Stock and Class B
Stock beneficially owned by each Reporting Person and Group Member. The
percentages of ownership were calculated on the basis of 37,291,021 shares of
Class A Stock and 6,074,445 shares of Class B Stock outstanding as of the close
of business on October 8, 2001. Shares of Class B Stock are
-13-
convertible into shares of Class A Stock on a one-to-one basis at any time at
the option of the holder.
-----------------------------------------------------------------------------------------------------------------
AMOUNT AND NATURE
OF BENEFICIAL OWNERSHIP (1)
-------------------------------------------------------
SOLE POWER TO SHARED POWER TO PERCENT OF
BENEFICIAL OWNER VOTE OR DISPOSE VOTE OR DISPOSE TOTAL CLASS (1)
-----------------------------------------------------------------------------------------------------------------
CLASS A STOCK:
-----------------------------------------------------------------------------------------------------------------
R, R, M & C Partners, L.L.C. -- -- -- --
-----------------------------------------------------------------------------------------------------------------
R, R, M &C Group, L.P. -- -- -- --
-----------------------------------------------------------------------------------------------------------------
R, R, M & C Management Corporation -- -- -- --
-----------------------------------------------------------------------------------------------------------------
The Group -- --(2) -- --
-----------------------------------------------------------------------------------------------------------------
Richard Sands 398,302(3) 147,356(3) 545,658 1.5%
-----------------------------------------------------------------------------------------------------------------
Robert Sands 428,299(4) 147,356(4) 575,655 1.5%
-----------------------------------------------------------------------------------------------------------------
Marilyn Sands 1,078,106(5) 29,454(6) 1,107,560 3.0%
-----------------------------------------------------------------------------------------------------------------
CWCP-I -- 118,094(7) 118,094 0.3%
-----------------------------------------------------------------------------------------------------------------
M, L, R & R -- 192 192 0.0%
-----------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------
CLASS B STOCK:
-----------------------------------------------------------------------------------------------------------------
R, R, M & C Partners, L.L.C. -- -- -- --
-----------------------------------------------------------------------------------------------------------------
R, R, M & C Group, L.P. -- -- -- --
-----------------------------------------------------------------------------------------------------------------
R, R, M & C Management Corporation -- -- -- --
-----------------------------------------------------------------------------------------------------------------
The Group -- --(2) -- --
-----------------------------------------------------------------------------------------------------------------
Richard Sands 1,477,058 2,715,036(3) 4,192,094 69.0%
-----------------------------------------------------------------------------------------------------------------
Robert Sands 1,475,648 2,715,036(4) 4,190,684 69.0%
-----------------------------------------------------------------------------------------------------------------
Marilyn Sands 9,000 203,700(6) 212,700 3.5%
-----------------------------------------------------------------------------------------------------------------
CWCP-I -- 1,524,770(7) 1,524,770 25.1%
-----------------------------------------------------------------------------------------------------------------
M, L, R & R -- 166,842(8) 166,842 2.7%
-----------------------------------------------------------------------------------------------------------------
-14-
(1) The number of shares and the percentage of ownership set forth in the
Class A Stock table includes the number of shares of Class A Stock that
can be purchased by exercising stock options that are exercisable on
October 8, 2001 or become exercisable within 60 days thereafter
("presently exercisable"). Such number does not include the number of
option shares that may become exercisable within sixty (60) days of
October 8, 2001 due to certain acceleration provisions in certain
awards, which accelerations cannot be foreseen on the date of this
amendment to Schedule 13D. Such number also does not include the shares
of Class A Stock issuable pursuant to the conversion feature of the
Class B Stock beneficially owned by each person. The number of shares
and percentage of ownership assuming conversion of Class B Stock into
Class A Stock are contained in the footnotes. For purposes of
calculating the percentage of ownership of Class A Stock in the table
and in the footnotes, additional shares of Class A Stock equal to the
number of presently exercisable options and, as appropriate, the number
of shares of Class B Stock owned by each person are assumed to be
outstanding pursuant to Rule 13d-3(d)(1) under the Securities Exchange
Act. Where the footnotes reflect shares of Class A Stock as being
included, such shares are included only in the Class A Stock table and
where the footnotes reflect shares of Class B Stock as being included,
such shares are included only in the Class B Stock table.
(2) As a result of the completion of the offering by the LLC and M, L, R &
R described above, the Group has accomplished its purpose and has been
disbanded. As a result, it no longer beneficially owns any shares of
Class A Stock or Class B Stock.
(3) The amount reflected as shares of Class A Stock over which Richard
Sands has the sole power to vote or dispose includes 297,613 shares of
Class A Stock issuable upon the exercise of options which are presently
exercisable by Mr. Sands. The amounts reflected as shares over which
Mr. Sands shares power to vote or dispose include, as applicable,
117,902 shares of Class A Stock and 1,357,928 shares of Class B Stock
owned by CWCP-I, of which Mr. Sands is a managing partner, 36,858
shares of Class B Stock owned by the Marvin Sands Master Trust (the
"Master Trust"), of which Mr. Sands is a trustee and beneficiary, 192
shares of Class A Stock and 166,842 shares of Class B Stock owned by M,
L, R & R, of which Mr. Sands and the Master Trust are general partners,
140,908 shares of Class B Stock owned by CWC Partnership-II, a New York
general partnership ("CWCP-II"), of which Mr. Sands is a trustee of the
managing partner, 1,012,500 shares of Class B Stock owned by a trust
created by Marvin Sands for the benefit of his present and future
grandchildren (the "Grandchildrens' Trust"), of which Mr. Sands is a
trustee, and 29,262 shares of Class A Stock owned by the Mac and Sally
Sands Foundation, Incorporated, a Virginia corporation (the "Sands
Foundation"), of which Mr. Sands is a director and officer. Mr. Sands
disclaims beneficial ownership of all of the foregoing shares except to
the extent of his ownership interest in CWCP-I and MLR&R and his
beneficial interest in the Master Trust. The amounts reflected do not
include 3,930 shares of Class A Stock owned by Mr. Sands' wife, the
remainder interest Mr. Sands has in 358,334 of the 1,075,002 shares of
Class A Stock subject to the life estate held by Marilyn Sands
described in footnote (5) below or the remainder interest of CWCP-II in
361,953 of such shares. Mr. Sands disclaims beneficial ownership with
respect to all such shares. Assuming the conversion of Class B Stock
beneficially owned by Mr. Sands into Class A Stock, Mr. Sands would
beneficially own 4,737,752 shares of Class A Stock, representing 11.3%
of the outstanding Class A Stock after such conversion.
(4) The amount reflected as shares of Class A Stock over which Robert Sands
has the sole power to vote or dispose includes 293,346 shares of Class
A Stock issuable upon the exercise of options which are presently
exercisable by Mr. Sands. The amounts reflected as shares over which
Mr. Sands shares power to vote or dispose include, as applicable,
117,902 shares of Class A Stock and 1,357,928 shares of Class B Stock
owned by CWCP-I, of which Mr. Sands is a managing partner, 36,858
shares of Class B Stock owned by the Master Trust of which Mr. Sands is
a trustee and beneficiary, 192 shares of Class A Stock and 166,842
shares of Class B Stock owned by M, L, R & R, of which Mr. Sands and
the Master Trust are general partners, 140,908 shares of Class B Stock
owned by CWCP-II, of which Mr. Sands is a trustee of the managing
partner, 1,012,500 shares of Class B Stock owned by the Grandchildrens'
Trust, of which Mr. Sands is a trustee, and 29,262 shares of Class A
Stock owned by the Sands Foundation, of which Mr. Sands is a director
and officer. Mr. Sands disclaims beneficial ownership of all of the
foregoing shares except to the extent of his ownership interest in
CWCP-I and M, L, R & R and his beneficial interest in the Master Trust.
The amounts reflected do not include 45,880 shares of Class A Stock
owned by Mr. Sands' wife,
-15-
individually and as custodian for their minor children, the remainder
interest Mr. Sands has in 354,715 of the 1,075,002 shares of Class A
Stock subject to the life estate held by Marilyn Sands described in
footnote (5) below or the remainder interest of CWCP-II in 361,953 of
such shares. Mr. Sands disclaims beneficial ownership with respect to
all such shares. Assuming the conversion of Class B Stock beneficially
owned by Mr. Sands into Class A Stock, Mr. Sands would beneficially own
4,766,339 shares of Class A Stock, representing 11.4% of the
outstanding Class A Stock after such conversion.
(5) With respect to 1,075,002 shares of the 1,078,106 shares of Class A
Stock, Marilyn Sands is the beneficial owner of a life estate which
includes the right to receive income from and the power to vote and
dispose of such shares. The remainder interest in such shares is held
by Richard Sands, Robert Sands and CWCP-II.
(6) The amounts reflected include, as applicable, 29,262 shares of Class A
Stock owned by the Sands Foundation, of which Marilyn Sands is a
director, 36,858 shares of Class B Stock owned by the Master Trust, of
which Ms. Sands is a trustee, and 192 shares of Class A Stock and
166,842 shares of Class B Stock owned by M, L, R & R, of which the
Master Trust is a general partner. Ms. Sands disclaims beneficial
ownership with respect to all shares owned by the Sands Foundation and
with respect to all of the other foregoing shares except to the extent
of her beneficial interest in the Master Trust. Assuming the conversion
of Class B Stock beneficially owned by Ms. Sands into Class A Stock,
Ms. Sands would beneficially own 1,320,260 shares of Class A Stock,
representing 3.5% of the outstanding Class A Stock after such
conversion.
(7) The amounts reflected include, as applicable, 192 shares of Class A
Stock and 166,842 shares of Class B Stock owned by M, L, R & R, of
which CWCP-I is a general partner. The shares owned by CWCP-I are
included in the number of shares beneficially owned by Richard Sands
and Robert Sands, the managing partners of CWCP-I. The other partners
of CWCP-I are trusts for the benefit of Laurie Sands' husband and
children. Assuming the conversion of Class B Stock beneficially owned
by CWCP-I into Class A Stock, CWCP-I would beneficially own 1,642,864
shares of Class A Stock, representing 4.2% of the outstanding Class A
Stock after such conversion.
(8) The shares owned by M, L, R & R are included in the number of shares
beneficially owned by Richard Sands, Robert Sands, Marilyn Sands and
CWCP-I. Assuming the conversion of Class B Stock beneficially owned by
M, L, R & R into Class A Stock, M, L, R & R would beneficially own
167,034 shares of Class A Stock, representing 0.4% of the outstanding
Class A Stock after such conversion.
-16-
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
As a result of the completion of the offering by the LLC and M, L, R &
R described above, the Group has accomplished its purpose and has been
disbanded. The description of the other relationships between the Group Members
and CWCP-I, CWCP-II, M, L, R & R, the Master Trust, the Grandchildrens' Trust
and the Sands Foundation described under Item 5 are incorporated into this Item
6 by reference. Richard Sands, Robert Sands and CWCP-I are parties to a
Stockholders' Agreement dated June 17, 1993, a copy of which was filed with the
Securities and Exchange Commission in October, 1993 as an Exhibit to the
Schedule 13D dated June 17 and 29, 1993 filed by Richard Sands, Robert Sands,
Marilyn Sands and others with respect to Class A Stock and Class B Stock.
Richard Sands and Robert Sands are brothers and the sons of Marilyn Sands.
Marilyn Sands has pledged 1,075,002 shares of Class A Stock to The
Chase Manhattan Bank, and Richard Sands, Robert Sands and CWCP-I have pledged
the following shares of Class B Stock to The Chase Manhattan Bank: Richard Sands
- 111,500 shares; Robert Sands - 110,825 shares; and CWCP-I - 628,124 shares. In
the event of a default under the loans secured by these pledges, The Chase
Manhattan Bank will have the right to vote and sell the pledged shares subject
to certain protections afforded to the pledgors. Certain of the shares of Class
A Stock and Class B Stock may from time to time be held by certain of the Group
Members in margin accounts. If there were a margin call under such a margin
account or the Group Member defaulted under the terms of such a margin account,
the broker with whom such margin account has been established may have the right
to sell the shares of Class A Stock or Class B Stock held in such margin
account.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit 99-1 Joint Filing Agreement among the Reporting Persons
and Group Members dated October 18, 2001
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief I
certify that the information set forth in this statement is true, complete and
correct.
Dated: October 18, 2001 R, R, M & C Partners, L.L.C.
By: R, R, M & C Group, L.P.
Its: Manager
By: R, R, M & C Management
Corporation
Its: General Partner
By: /s/ Robert Sands
-----------------------
Robert Sands, President
Dated: October 18, 2001 R, R, M & C Group, L.P.
By: R, R, M & C Management Corporation
Its: General Partner
By: /s/ Robert Sands
----------------------
Robert Sands, President
Dated: October 18, 2001 R, R, M & C Management Corporation
By: /s/ Robert Sands
-----------------------------------
Robert Sands, President
Dated: October 18, 2001 /s/ Richard Sands
-------------------------------------------
Richard Sands*
Dated: October 18, 2001 /s/ Robert Sands
-------------------------------------------
Robert Sands*
Dated: October 18, 2001 /s/ Marilyn Sands
-------------------------------------------
Marilyn Sands*
Dated: October 18, 2001 CWC Partnership I*
By: /s/ Richard Sands
----------------------------------------
Richard Sands, Co-Managing Partner
By: /s/ Robert Sands
----------------------------------------
Robert Sands, Co-Managing Partner
Dated: October 18, 2001 M, L, R & R*
By: /s/ Robert Sands
----------------------------------------
Robert Sands, Partner
* Executed by this person solely in such person's capacity as a member of the
Group described in this Amendment.
EX-99
3
ex99amen13d10_15.txt
EXHIBIT 99.2JOINT FILING AGREEMENT
Exhibit 99-1
Joint Filing Agreement
In accordance with Rule 13d-1(k) promulgated under the Securities
Exchange Act of 1934, as amended, each of the persons named below agrees to the
joint filing of this Amendment No. 1 to Schedule 13D, including amendments
thereto, with respect to the shares of Class A Common Stock, par value $0.01 per
share, and Class B Common Stock, par value $0.01 per share, of Constellation
Brands, Inc. and further agrees that this Joint Filing Agreement be filed with
the Securities and Exchange Commission as an exhibit to such filing, provided,
however, that no person shall be responsible for the completeness or accuracy of
the information concerning the other persons making the filing, unless such
person knows or has reason to believe such information is inaccurate (as
provided in Rule 13d-1(k)(1)(ii)). This Joint Filing Agreement may be executed
in one or more counterparts, all of which together shall constitute one and the
same instrument.
IN WITNESS WHEREOF, the persons named below have executed this Joint
Filing Agreement as of the dates set forth below.
Dated: October 18, 2001 R, R, M & C Partners, L.L.C.
By: R, R, M & C Group, L.P.
Its: Manager
By: R, R, M & C Management
Corporation
Its: General Partner
By: /s/ Robert Sands
------------------------
Robert Sands, President
Dated: October 18, 2001 R, R, M & C Group, L.P.
By: R, R, M & C Management Corporation
Its: General Partner
By: /s/ Robert Sands
-----------------------------
Robert Sands, President
Dated: October 18, 2001 R, R, M & C Management Corporation
By: /s/ Robert Sands
-----------------------------------
Robert Sands, President
Dated: October 18, 2001 /s/ Richard Sands
-------------------------------------------
Richard Sands*
Dated: October 18, 2001 /s/ Robert Sands
-------------------------------------------
Robert Sands*
Dated: October 18, 2001 /s/ Marilyn Sands
-------------------------------------------
Marilyn Sands*
Dated: October 18, 2001 CWC Partnership I*
By: /s/ Richard Sands
----------------------------------------
Richard Sands, Co-Managing Partner
By: /s/ Robert Sands
----------------------------------------
Robert Sands, Co-Managing Partner
Dated: October 18, 2001 M, L, R & R*
By: /s/ Robert Sands
----------------------------------------
Robert Sands, Partner
* Executed by this person solely in such person's capacity as a member of the
Group described in the Amendment to Schedule 13D to which this Joint Filing
Agreement is attached as an Exhibit.