Newlands William A's Form 4 filing
Constellation Brands, Inc. (STZ) · filed Jul 24, 2023
- Accession no.
- 0000016918-23-000146
- Filed
- Jul 24, 2023
- Trade date
- Jul 20, 2023
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 4 non-derivative transactions and 5 derivative transactions. Open-market sales total $13.2M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Newlands William ACIK 0001531376 | Director, Officer (President & CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 20, 2023 | Class A Common Stock | CConversionAcquired | +37,409 | –F3 | – | 58,741 | Direct | |
| Jul 20, 2023 | Class A Common Stock | SSaleDisposed | −2,945 | $266.67F4 | −$785,343.15 | 55,796 | Direct | |
| Jul 20, 2023 | Class A Common Stock | SSaleDisposed | −37,823 | $267.91F5 | −$10,133,159.93 | 17,973 | Direct | |
| Jul 20, 2023 | Class A Common Stock | SSaleDisposed | −8,657 | $268.30F6 | −$2,322,673.1 | 9,316 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 20, 2023 | Class 1 (convertible) Common Stock | MOption exerciseDisposed | −16,882 | $0.00 | $0 | 0 | Direct | |
| Jul 20, 2023 | Class 1 (convertible) Common Stock | MOption exerciseDisposed | −20,527 | $0.00 | $0 | 0 | Direct | |
| Jul 20, 2023 | Class A Common Stock | MOption exerciseAcquired | +16,882 | $156.84 | +$2,647,772.88 | 16,882 | Direct | |
| Jul 20, 2023 | Class A Common Stock | MOption exerciseAcquired | +20,527 | $172.09 | +$3,532,491.43 | 20,527 | Direct | |
| Jul 20, 2023 | Class A Common Stock | CConversionDisposed | −37,409 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F3
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.
Referenced by the price of 1 transaction in Table I.
- F4
Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $266.2400 to $267.2200, 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.
Referenced by the price of 1 transaction in Table I.
- F5
Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $267.2600 to $268.2550, 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.
Referenced by the price of 1 transaction in Table I.
- F6
Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $268.2600 to $268.3375, 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.
Referenced by the price of 1 transaction in Table I.