SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
Richard Sands Master Trust

(Last) (First) (Middle)
207 HIGH POINT DRIVE
BUILDING 100

(Street)
VICTOR NY 14564

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/30/2021
3. Issuer Name and Ticker or Trading Symbol
CONSTELLATION BRANDS, INC. [ STZ ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
05/10/2021
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock 149,876 I by RES Master LLC(1)
Class A Common Stock 5,483,842 I by RRAZ Holdings LLC(2)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Class B (convertible) Common Stock (3) (3) Class A Common Stock 37,350 (3) I by RES Master LLC(1)
Class B (convertible) Common Stock (3) (3) Class A Common Stock 22,746,786 (3) I by RRAZ Holdings LLC(2)
Non-Qualified Stock Option (right to buy) 04/03/2013(4) 04/03/2022 Class 1 (convertible) Common Stock 357,030 24.5 I by RES Master LLC(1)
Non-Qualified Stock Option (right to buy) 04/26/2014(4) 04/26/2023 Class 1 (convertible) Common Stock 167,370 47.79 I by RES Master LLC(1)
Non-Qualified Stock Option (right to buy) 04/28/2015(4) 04/28/2024 Class 1 (convertible) Common Stock 105,200 79.61 I by RES Master LLC(1)
Non-Qualified Stock Option (right to buy) 04/28/2016(4) 04/28/2025 Class 1 (convertible) Common Stock 94,170 117.12 I by RES Master LLC(1)
Non-Qualified Stock Option (right to buy) 04/25/2017(4) 04/25/2026 Class 1 (convertible) Common Stock 79,141 156.84 I by RES Master LLC(1)
Non-Qualified Stock Option (right to buy) 04/21/2018(4) 04/21/2027 Class 1 (convertible) Common Stock 84,970 172.09 I by RES Master LLC(1)
Non-Qualified Stock Option (right to buy) 04/23/2019(5) 04/23/2028 Class 1 (convertible) Common Stock 66,895 228.26 I by RES Master LLC(1)
Non-Qualified Stock Option (right to buy) 04/23/2020(5) 04/23/2029 Class 1 (convertible) Common Stock 73,087 207.48 I by RES Master LLC(1)
Non-Qualified Stock Option (right to buy) 04/21/2021(5) 04/21/2030 Class 1 (convertible) Common Stock 111,425 153.02 I by RES Master LLC(1)
Non-Qualified Stock Option (right to buy) 04/20/2022(5) 04/20/2031 Class 1 (convertible) Common Stock 56,846 238.31 I by RES Master LLC(1)
1. Name and Address of Reporting Person*
Richard Sands Master Trust

(Last) (First) (Middle)
207 HIGH POINT DRIVE
BUILDING 100

(Street)
VICTOR NY 14564

(City) (State) (Zip)
1. Name and Address of Reporting Person*
RES Master LLC

(Last) (First) (Middle)
207 HIGH POINT DRIVE
BUILDING 100

(Street)
VICTOR NY 14564

(City) (State) (Zip)
Explanation of Responses:
1. RES Master LLC is the direct owner of these securities. RES Master LLC is a limited liability company that is wholly-owned by the Richard Sands Master Trust.
2. The reported shares are also indirectly owned by RES Master LLC. Various Sands family limited partnerships directly own the reported shares of Class A Common Stock. WildStar Partners LLC ("WildStar") holds a .045% co-general partner interest in those family limitedpartnerships. RRA&Z Holdings LLC ("RRA&Z") is the sole member of WildStar, and RES Master LLC is a member of RRA&Z. RES Master LLC is a sole member limited liability company of which RESMaster Trust is the sole owner.
3. Shares of Class B Common Stock are convertible into shares of Class A Common Stock of the Issuer on a one-to-one basis at any time at the option of the holder. The ticker symbol for Class B Common Stock is STZ.B.
4. 100% of this option has become exercisable.
5. This option becomes exercisable at the rate of 25% per year beginning on the date specified.
Remarks:
The Form 3 that was filed was intended to be filed jointly by Richard Sands Master Trust and RES Master LLC. This Amendment is being filed solely to include RES Master LLC as a reporting person.
/s/ Thomas Farace, Authorized Person, Richard Sands Master Trust 05/10/2021
/s/ Thomas Farace, Authorized Person, RES Master LLC 05/10/2021
** 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 5 (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).
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