Delaware
|
001-08495
|
16-0716709
|
(State or other jurisdiction
of incorporation)
|
(Commission
File Number)
|
(IRS Employer
Identification No.)
|
Not Applicable
|
(Former name or former address, if changed since last report.)
|
o
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
o
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
o
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
o
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
Item 5.02
|
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
|
(e)
|
Compensatory Arrangements of Certain Officers
|
Name and Position
|
Award
|
||
Richard Sands,
Chairman of the Board
|
|
$2,273,258
|
|
Robert Sands,
President and Chief
Executive Officer
|
|
$2,318,435
|
|
David Klein,
Executive Vice President and
Chief Financial Officer
|
|
$619,248
|
|
William F. Hackett,
Executive Vice President and
Chairman, Beer Division
|
|
$626,520
|
|
Name
|
Shares
Expected
to be Earned
|
|
Robert Sands
|
27,180
|
|
David Klein
|
2,180
|
|
William F. Hackett
|
8,420
|
|
(1)
|
The Fiscal 2015 - Fiscal 2017 Performance Share Unit awards can vest at an earlier date upon death or PSU Disability (as that term is defined in the award agreement) of the recipient or upon a PSU Change in Control (as that term is defined in the award agreement); provided, that, in each such case, the Fiscal 2015 - Fiscal 2017 Performance Share Unit awards would vest at each recipient’s respective target level.
|
Date: April 7, 2017
|
CONSTELLATION BRANDS, INC.
|
|
|
|
|
|
By:
|
/s/ David Klein
|
|
|
David Klein
|
|
|
Executive Vice President and
Chief Financial Officer
|