Home > Insider Trading > Filing (0000899243-22-026328)

Filing Details

Accession Number:: 0000899243-22-026328
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-07-19 16:20:52
Reporting Period:: 2022-07-15

Accepted Time:: 2022-07-19 16:20:52
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
16918	Constellation Brands Inc.	STZ	Beverages (2080)	160716709

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1245564	Robert Sands	C/O Constellation Brands, Inc. 207 High Point Drive, Building 100 Victor NY 14564	See Remarks	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2022-07-15	1,244,467	$0.00	1,794,681	No	4	C	Indirect	By RSS Master LLC
Class A Common Stock	Disposition	2022-07-15	1,244,467	$242.81	550,214	No	4	S	Indirect	By RSS Master LLC
Class A Common Stock	Disposition	2022-07-15	183,332	$242.81	5,300,510	No	4	S	Indirect	By Robert Sands Master Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	By RSS Master LLC
No	4	S	Indirect	By RSS Master LLC
No	4	S	Indirect	By Robert Sands Master Trust

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class 1 (convertible) Common Stock	Disposition	2022-07-15	1,244,467	$0.00	1,244,467	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	C	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	8,600	Direct
Class A Common Stock	19,329	Indirect	By Pamela K. Sands 2016 Descendants' Trust
Class A Common Stock	1,769	Indirect	By Spouse

Footnotes

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.
RSS Master LLC ("RSS Master") is the direct owner of these securities. RSS Master is a limited liability company that is wholly-owned by the Robert Sands Master Trust, for which the reporting person serves as trustee and is the sole beneficiary.
On July 15, 2022, MAS Business Holdings LP ("MAS") entered into a private transaction to sell 183,332 shares of Class A Common Stock.
The reported shares are also indirectly owned by RSS Master. Various Sands family limited partnerships, including MAS, directly own the reported shares of Class A Common Stock. 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, and RSS Master is a member of RRA&Z.
Excludes 913 shares of Class A Common Stock previously held directly which were transferred to RSS Master on May 9, 2022.
These shares are held in a trust for the benefit of the reporting person's stepchildren. The reporting person's spouse is the trustee of this 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.
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
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, 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.