Newlands William A's Form 4 filing
Constellation Brands, Inc. (STZ) · filed May 14, 2024
- Accession no.
- 0000016918-24-000093
- Filed
- May 14, 2024
- Trade date
- May 10, 2024
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 3 derivative transactions. Open-market sales total $6.54M. 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 |
|---|---|---|---|---|---|---|---|---|
| May 10, 2024 | Class A Common Stock | CConversionAcquired | +25,000 | –F1 | – | 39,700 | Direct | |
| May 10, 2024 | Class A Common Stock | SSaleDisposed | −18,811 | $261.38F2 | −$4,916,819.18 | 20,889 | Direct | |
| May 10, 2024 | Class A Common Stock | SSaleDisposed | −6,189 | $262.05F3 | −$1,621,827.45 | 14,700 | 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 |
|---|---|---|---|---|---|---|---|---|
| May 10, 2024 | Class 1 (convertible) Common Stock | MOption exerciseDisposed | −25,000 | $0.00 | $0 | 76,208 | Direct | |
| May 10, 2024 | Class A Common Stock | MOption exerciseAcquired | +25,000 | $153.02 | +$3,825,500 | 25,000 | Direct | |
| May 10, 2024 | Class A Common Stock | CConversionDisposed | −25,000 | $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.
- F1
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.
- F2
Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $260.7530 to $261.7400, 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.
- F3
Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $261.7550 to $262.1550, 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.