Constellation Brands CEO granted stock awards
CONSTELLATION BRANDS, INC. reported that President & CEO Nicholas I. Fink received new equity compensation.
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Rhea-AI Filing Summary
CONSTELLATION BRANDS, INC. reported that President & CEO Nicholas I. Fink received new equity compensation. He was granted 85,385 restricted stock units, each representing one share of Class A Common Stock, and 415,295 non-qualified stock options to purchase Class 1 (convertible) Common Stock at an exercise price of $164.50 per share.
The restricted stock units vest 34%, 33%, and 33% per year beginning on the specified start date, with shares delivered net of shares withheld for taxes at each vesting. The stock options become exercisable on the same 34%, 33%, 33% annual schedule and may be exercised through April 14, 2036.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 85,385 | $0.00 | $0.00 |
| Grant/Award | Non-Qualified Stock Option (right to buy) | 415,295 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F2. These restricted stock units vest at the rate of 34%, 33%, and 33% per year beginning on the date specified. Vested shares will be delivered to the reporting person as of each vesting date net of shares withheld to satisfy taxes.
- F3. This option becomes exercisable at the rate of 34%, 33%, and 33% per year beginning on the date specified.
Key Figures
Key Terms
Restricted Stock Units financial
Non-Qualified Stock Option (right to buy) financial
vest financial
Class 1 (convertible) Common Stock financial
exercise price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did STZ CEO Nicholas Fink receive in this Form 4?
What is the exercise price of Nicholas Fink’s new Constellation Brands options?
How do Nicholas Fink’s new restricted stock units for STZ vest?
When do Nicholas Fink’s Constellation Brands stock options become exercisable?
What is the expiration date of the new Constellation Brands options granted to Nicholas Fink?
AI-generated analysis. How Rhea-AI works. Not financial advice.