STERN ZACHARY M

SEC source: 0000950170-24-127567 · ownership.xml · nonDerivative · entry 1

STERN ZACHARY M · CIK 0001462935 · Member of 10% owner group

10b5-1 filing: No plan indicated

Ownership: Indirect · By ZMSS Business Holdings LP

Disclosed balance after: 3,306,078

F1 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $239.89 to $240.62 per share, inclusive. The reporting person undertakes to provide Constellation Brands, Inc., any security holder of Constellation Brands, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this Form 4.

F2 · ownership.nature: ZMSS Business Holdings LP ("ZMSS Holdings") directly owns the reported securities. ZMSS Holdings is a limited partnership and ZMSS Business Management LLC ("ZMSS Management") is co-general partner. The Reporting Person indirectly holds limited partner interests in ZMSS Holdings and is the sole member of ZMSS Management.

SEC source: 0000899243-23-012862 · doc4.xml · nonDerivative · entry 4

STERN ZACHARY M · CIK 0001462935 · Member of 10% owner group

10b5-1 filing: No plan indicated

Ownership: Indirect · By MAS Business Holdings LP

Disclosed balance after: 0

F4 · ownership.nature: MAS Business Holdings LP ("MAS") was the direct owner of these securities. MAS is a limited partnership and MAS Business Management LLC ("MAS Management") is its co-general partner. MAS Management holds a 0.0139% general partner interest in MAS. Abby & Zach Holdings LLC ("Abby & Zach Holdings") holds a 33.3% interest in MAS Management. The Reporting Person is a member and a co-manager of Abby & Zach Holdings.

SEC source: 0000899243-23-012862 · doc4.xml · nonDerivative · entry 3

STERN ZACHARY M · CIK 0001462935 · Member of 10% owner group

10b5-1 filing: No plan indicated

Ownership: Indirect · By NSDT 2011 STZ LLC

Disclosed balance after: 0

F3 · ownership.nature: The reported shares were held by NSDT 2011 STZ LLC ("NSDT 2011"), for which the reporting person serves as a trustee of the ultimate parent trust of NSDT 2011.

SEC source: 0000899243-23-012862 · doc4.xml · nonDerivative · entry 2

STERN ZACHARY M · CIK 0001462935 · Member of 10% owner group

10b5-1 filing: No plan indicated

Ownership: Indirect · By NSDT 2009 STZ LLC

Disclosed balance after: 0

F2 · ownership.nature: The reported shares were held by NSDT 2009 STZ LLC ("NSDT 2009"), for which the reporting person serves as a trustee of the ultimate parent trust of NSDT 2009.

SEC source: 0000899243-23-012862 · doc4.xml · nonDerivative · entry 1

STERN ZACHARY M · CIK 0001462935 · Member of 10% owner group

10b5-1 filing: No plan indicated

Ownership: Indirect · By ZMSS Business Holdings LP

Disclosed balance after: 3,365,715

F1 · ownership.nature: ZMSS Business Holdings LP ("ZMSS Holdings") directly owns the reported securities. ZMSS Holdings is a limited partnership and ZMSS Business Management LLC ("ZMSS Management") is its co-general partner. The Reporting Person indirectly holds limited partner interests in ZMSS Holdings and is the sole member of ZMSS Management. The shares held by ZMSS Holdings were received as a contribution from its former parent, A&Z 2015 Business Holdings LP, which was liquidated in November 2022 and its assets were distributed to its partners.

SEC source: 0000899243-22-036104 · doc4.xml · nonDerivative · entry 1

STERN ZACHARY M · CIK 0001462935 · Member of 10% Group

10b5-1 filing: Not disclosed

Ownership: Indirect · By A&Z 2015 Business Holdings LP

Disclosed balance after: 8,031,430

F1 · ownership.nature: A&Z 2015 Business Holdings LP ("A&Z") directly owns the reported securities. A&Z is a limited partnership and A&Z 2015 Business Management LLC ("A&Z Management") is its co-general partner. A&Z Management holds a .0249% general partner interest A&Z. The reporting person indirectly holds limited partner interests in A&Z and is a member of A&Z Management.

SEC source: 0000899243-22-035648 · doc4.xml · derivative · entry 7

STERN ZACHARY M · CIK 0001462935 · Member of 10% owner group

10b5-1 filing: Not disclosed

Ownership: Indirect · By NSDT 2009 STZ LLC

Disclosed balance after: 0

Underlying: Class A Common Stock · 20,695 shares

Expires not disclosed

F1 · derivative.exercise_price: Pursuant to a reclassification exempt under Rule 16b-7 that was effected by Constellation Brands, Inc. on November 10, 2022, each share of Class B Common Stock ($0.01 par value) was reclassified and converted into one share of Class A Common Stock ($0.01 par value) and the right to receive a $64.64 cash payment.

F1 · kind: Pursuant to a reclassification exempt under Rule 16b-7 that was effected by Constellation Brands, Inc. on November 10, 2022, each share of Class B Common Stock ($0.01 par value) was reclassified and converted into one share of Class A Common Stock ($0.01 par value) and the right to receive a $64.64 cash payment.

F1 · price: Pursuant to a reclassification exempt under Rule 16b-7 that was effected by Constellation Brands, Inc. on November 10, 2022, each share of Class B Common Stock ($0.01 par value) was reclassified and converted into one share of Class A Common Stock ($0.01 par value) and the right to receive a $64.64 cash payment.

F1 · derivative.exercise_date: Pursuant to a reclassification exempt under Rule 16b-7 that was effected by Constellation Brands, Inc. on November 10, 2022, each share of Class B Common Stock ($0.01 par value) was reclassified and converted into one share of Class A Common Stock ($0.01 par value) and the right to receive a $64.64 cash payment.

F1 · derivative.expiration_date: Pursuant to a reclassification exempt under Rule 16b-7 that was effected by Constellation Brands, Inc. on November 10, 2022, each share of Class B Common Stock ($0.01 par value) was reclassified and converted into one share of Class A Common Stock ($0.01 par value) and the right to receive a $64.64 cash payment.

F3 · ownership.nature: Held by NSDT 2009 STZ LLC ("NSDT 2009"), for which the reporting person serves as a trustee of the ultimate parent trust of NSDT 2009.

SEC source: 0000899243-22-035648 · doc4.xml · derivative · entry 6

STERN ZACHARY M · CIK 0001462935 · Member of 10% owner group

10b5-1 filing: Not disclosed

Ownership: Indirect · By A&Z 2015 Business Holdings LP

Disclosed balance after: 0

Underlying: Class A Common Stock · 8,073,856 shares

Expires not disclosed

F1 · derivative.exercise_price: Pursuant to a reclassification exempt under Rule 16b-7 that was effected by Constellation Brands, Inc. on November 10, 2022, each share of Class B Common Stock ($0.01 par value) was reclassified and converted into one share of Class A Common Stock ($0.01 par value) and the right to receive a $64.64 cash payment.

F1 · kind: Pursuant to a reclassification exempt under Rule 16b-7 that was effected by Constellation Brands, Inc. on November 10, 2022, each share of Class B Common Stock ($0.01 par value) was reclassified and converted into one share of Class A Common Stock ($0.01 par value) and the right to receive a $64.64 cash payment.

F1 · price: Pursuant to a reclassification exempt under Rule 16b-7 that was effected by Constellation Brands, Inc. on November 10, 2022, each share of Class B Common Stock ($0.01 par value) was reclassified and converted into one share of Class A Common Stock ($0.01 par value) and the right to receive a $64.64 cash payment.

F1 · derivative.exercise_date: Pursuant to a reclassification exempt under Rule 16b-7 that was effected by Constellation Brands, Inc. on November 10, 2022, each share of Class B Common Stock ($0.01 par value) was reclassified and converted into one share of Class A Common Stock ($0.01 par value) and the right to receive a $64.64 cash payment.

F1 · derivative.expiration_date: Pursuant to a reclassification exempt under Rule 16b-7 that was effected by Constellation Brands, Inc. on November 10, 2022, each share of Class B Common Stock ($0.01 par value) was reclassified and converted into one share of Class A Common Stock ($0.01 par value) and the right to receive a $64.64 cash payment.

F2 · ownership.nature: A&Z 2015 Business Holdings LP ("A&Z") directly owns the reported securities. A&Z is a limited partnership and A&Z 2015 Business Management LLC ("A&Z Management") is its co-general partner. A&Z Management holds a .0249% general partner interest A&Z. The reporting person indirectly holds limited partner interests in A&Z and is a member of A&Z Management.

SEC source: 0000899243-22-035648 · doc4.xml · nonDerivative · entry 2

STERN ZACHARY M · CIK 0001462935 · Member of 10% owner group

10b5-1 filing: Not disclosed

Ownership: Indirect · By NSDT 2009 STZ LLC

Disclosed balance after: 20,695

F1 · kind: Pursuant to a reclassification exempt under Rule 16b-7 that was effected by Constellation Brands, Inc. on November 10, 2022, each share of Class B Common Stock ($0.01 par value) was reclassified and converted into one share of Class A Common Stock ($0.01 par value) and the right to receive a $64.64 cash payment.

F1 · price: Pursuant to a reclassification exempt under Rule 16b-7 that was effected by Constellation Brands, Inc. on November 10, 2022, each share of Class B Common Stock ($0.01 par value) was reclassified and converted into one share of Class A Common Stock ($0.01 par value) and the right to receive a $64.64 cash payment.

F3 · ownership.nature: Held by NSDT 2009 STZ LLC ("NSDT 2009"), for which the reporting person serves as a trustee of the ultimate parent trust of NSDT 2009.

SEC source: 0000899243-22-035648 · doc4.xml · nonDerivative · entry 1

STERN ZACHARY M · CIK 0001462935 · Member of 10% owner group

10b5-1 filing: Not disclosed

Ownership: Indirect · By A&Z 2015 Business Holdings LP

Disclosed balance after: 9,264,764

F1 · kind: Pursuant to a reclassification exempt under Rule 16b-7 that was effected by Constellation Brands, Inc. on November 10, 2022, each share of Class B Common Stock ($0.01 par value) was reclassified and converted into one share of Class A Common Stock ($0.01 par value) and the right to receive a $64.64 cash payment.

F1 · price: Pursuant to a reclassification exempt under Rule 16b-7 that was effected by Constellation Brands, Inc. on November 10, 2022, each share of Class B Common Stock ($0.01 par value) was reclassified and converted into one share of Class A Common Stock ($0.01 par value) and the right to receive a $64.64 cash payment.

F2 · ownership.nature: A&Z 2015 Business Holdings LP ("A&Z") directly owns the reported securities. A&Z is a limited partnership and A&Z 2015 Business Management LLC ("A&Z Management") is its co-general partner. A&Z Management holds a .0249% general partner interest A&Z. The reporting person indirectly holds limited partner interests in A&Z and is a member of A&Z Management.

SEC source: 0000899243-22-026323 · doc4.xml · nonDerivative · entry 1

STERN ZACHARY M · CIK 0001462935 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By MAS Business Holdings LP

Disclosed balance after: 100

F1 · ownership.nature: MAS Business Holdings LP ("MAS") is the direct owner of these securities. MAS is a limited partnership and MAS Business Management LLC ("MAS Management") is its co-general partner. MAS Management holds a 0.0139% general partner interest in MAS. Abby & Zach Holdings LLC ("Abby & Zach Holdings") holds a 33.3% interest in MAS Management. The reporting person is a member and a co-manager of Abby & Zach Holdings.

SEC source: 0001225208-18-008246 · doc4.xml · derivative · entry 5

STERN ZACHARY M · CIK 0001462935 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · by MAS Business Holdings LP

Disclosed balance after: 0

Underlying: Class A Common Stock · 183,432 shares

Expires not disclosed

F5 · derivative.exercise_price: 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.

F1 · kind: On April 26, 2018, A&Z 2015 Business Holdings LP ("A&Z Holdings") and two other affiliated limited partnerships, each exchanged, on a one-for-one basis, 61,144 shares of Class A Common Stock for 61,144 shares of Class B Common Stock with MAS Business Holdings LP ("MAS Holdings").

F1 · price: On April 26, 2018, A&Z 2015 Business Holdings LP ("A&Z Holdings") and two other affiliated limited partnerships, each exchanged, on a one-for-one basis, 61,144 shares of Class A Common Stock for 61,144 shares of Class B Common Stock with MAS Business Holdings LP ("MAS Holdings").

F5 · derivative.exercise_date: 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.

F5 · derivative.expiration_date: 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.

F4 · ownership.nature: MAS Holdings is a limited partnership and MAS Business Management LLC ("MAS Management") is its co-general partner. MAS Management holds a .0319% general partner interest in MAS Holdings. Abby & Zach Holdings LLC ("Abby & Zach Holdings") holds a 33.3% interest in MAS Management. The reporting person is a member and co-manager of Abby & Zach Holdings.

SEC source: 0001225208-18-008246 · doc4.xml · derivative · entry 4

STERN ZACHARY M · CIK 0001462935 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · by A&Z 2015 Business Holdings LP

Disclosed balance after: 8,073,856

Underlying: Class A Common Stock · 61,144 shares

Expires not disclosed

F5 · derivative.exercise_price: 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.

F1 · kind: On April 26, 2018, A&Z 2015 Business Holdings LP ("A&Z Holdings") and two other affiliated limited partnerships, each exchanged, on a one-for-one basis, 61,144 shares of Class A Common Stock for 61,144 shares of Class B Common Stock with MAS Business Holdings LP ("MAS Holdings").

F1 · price: On April 26, 2018, A&Z 2015 Business Holdings LP ("A&Z Holdings") and two other affiliated limited partnerships, each exchanged, on a one-for-one basis, 61,144 shares of Class A Common Stock for 61,144 shares of Class B Common Stock with MAS Business Holdings LP ("MAS Holdings").

F5 · derivative.exercise_date: 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.

F5 · derivative.expiration_date: 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.

F2 · balance_after: Except to the extent that the reporting person has a direct or indirect pecuniary interest in securities owned by the applicable trust, partnership or limited liability company, the reporting person disclaims beneficial ownership with respect to securities held in this manner. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.

F3 · ownership.nature: Held by A&Z Holdings. A&Z 2015 business Management LLC ("A&Z Management") is a co-general partner of A&Z Holdings, holding a .0249% general partner interest. The reporting person indirectly holds limited partner interests in A&Z Holdings and is a member of A&Z Management.

SEC source: 0001225208-18-008246 · doc4.xml · nonDerivative · entry 2

STERN ZACHARY M · CIK 0001462935 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · by MAS Business Holdings LP

Disclosed balance after: 183,432

F1 · kind: On April 26, 2018, A&Z 2015 Business Holdings LP ("A&Z Holdings") and two other affiliated limited partnerships, each exchanged, on a one-for-one basis, 61,144 shares of Class A Common Stock for 61,144 shares of Class B Common Stock with MAS Business Holdings LP ("MAS Holdings").

F1 · price: On April 26, 2018, A&Z 2015 Business Holdings LP ("A&Z Holdings") and two other affiliated limited partnerships, each exchanged, on a one-for-one basis, 61,144 shares of Class A Common Stock for 61,144 shares of Class B Common Stock with MAS Business Holdings LP ("MAS Holdings").

F2 · balance_after: Except to the extent that the reporting person has a direct or indirect pecuniary interest in securities owned by the applicable trust, partnership or limited liability company, the reporting person disclaims beneficial ownership with respect to securities held in this manner. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.

F4 · ownership.nature: MAS Holdings is a limited partnership and MAS Business Management LLC ("MAS Management") is its co-general partner. MAS Management holds a .0319% general partner interest in MAS Holdings. Abby & Zach Holdings LLC ("Abby & Zach Holdings") holds a 33.3% interest in MAS Management. The reporting person is a member and co-manager of Abby & Zach Holdings.

SEC source: 0001225208-18-008246 · doc4.xml · nonDerivative · entry 1

STERN ZACHARY M · CIK 0001462935 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · by A&Z 2015 Business Holdings LP

Disclosed balance after: 1,190,908

F1 · kind: On April 26, 2018, A&Z 2015 Business Holdings LP ("A&Z Holdings") and two other affiliated limited partnerships, each exchanged, on a one-for-one basis, 61,144 shares of Class A Common Stock for 61,144 shares of Class B Common Stock with MAS Business Holdings LP ("MAS Holdings").

F1 · price: On April 26, 2018, A&Z 2015 Business Holdings LP ("A&Z Holdings") and two other affiliated limited partnerships, each exchanged, on a one-for-one basis, 61,144 shares of Class A Common Stock for 61,144 shares of Class B Common Stock with MAS Business Holdings LP ("MAS Holdings").

F2 · balance_after: Except to the extent that the reporting person has a direct or indirect pecuniary interest in securities owned by the applicable trust, partnership or limited liability company, the reporting person disclaims beneficial ownership with respect to securities held in this manner. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.

F3 · ownership.nature: Held by A&Z Holdings. A&Z 2015 business Management LLC ("A&Z Management") is a co-general partner of A&Z Holdings, holding a .0249% general partner interest. The reporting person indirectly holds limited partner interests in A&Z Holdings and is a member of A&Z Management.

SEC source: 0001225208-18-001306 · doc4.xml · derivative · entry 4

STERN ZACHARY M · CIK 0001462935 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · by MAS Business Holdings LP

Disclosed balance after: 183,432

Underlying: Class A Common Stock · 183,432 shares

Expires not disclosed

F6 · derivative.exercise_price: 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.

F7 · kind: On January 17, 2018, Abby & Zach Holdings LLC ("Abby & Zach Holdings") purchased a 33.3% interest in MAS Business Management LLC ("MAS Management"). MAS Management holds a 0.0139% general partner interest in MAS Business Holdings LP ("MAS Holdings"). The reporting person is a member and a co-manager of Abby & Zach Holdings.

F7 · price: On January 17, 2018, Abby & Zach Holdings LLC ("Abby & Zach Holdings") purchased a 33.3% interest in MAS Business Management LLC ("MAS Management"). MAS Management holds a 0.0139% general partner interest in MAS Business Holdings LP ("MAS Holdings"). The reporting person is a member and a co-manager of Abby & Zach Holdings.

F6 · derivative.exercise_date: 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.

F6 · derivative.expiration_date: 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.

F8 · balance_after: Except to the extent that the reporting person has a direct or indirect pecuniary interest in MAS Holdings, the reporting person disclaims beneficial ownership with respect to securities held in this manner. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.

F9 · ownership.nature: MAS Holdings is a limited partnership and its co-general partners are MAS Management and WildStar Partners LLC.

SEC source: 0001225208-18-001306 · doc4.xml · nonDerivative · entry 1

STERN ZACHARY M · CIK 0001462935 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · by Marilyn Sands Master Trust

Disclosed balance after: 322,666

F1 · price: On December 21, 2017, gifts in the aggregate amount of 4,104 shares were made from the Marilyn Sands Master Trust.

F2 · balance_after: The reporting person is a trustee of the Marilyn Sands Master Trust. Except to the extent that the reporting person has a direct or indirect pecuniary interest in securities owned by the trust, the reporting person disclaims beneficial ownership with respect to securities held in this manner. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.

F3 · ownership.nature: Held by the Marilyn Sands Master Trust, for which the reporting person serves as a trustee.

SEC source: 0001225208-17-007717 · doc5.xml · nonDerivative · entry 1

STERN ZACHARY M · CIK 0001462935 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · by Marilyn Sands Master Trust

Disclosed balance after: 326,770

F1 · balance_after: The reporting person is a trustee of the Marilyn Sands Master Trust. Except to the extent that the reporting person has a direct or indirect pecuniary interest in securities owned by the trust, the reporting person disclaims beneficial ownership with respect to securities held in this manner. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.

F1 · ownership.nature: The reporting person is a trustee of the Marilyn Sands Master Trust. Except to the extent that the reporting person has a direct or indirect pecuniary interest in securities owned by the trust, the reporting person disclaims beneficial ownership with respect to securities held in this manner. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.

SEC source: 0001225208-16-042215 · doc4.xml · derivative · entry 4

STERN ZACHARY M · CIK 0001462935 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · by A&Z 2015 Business Holdings LP

Disclosed balance after: 8,012,712

Underlying: Class A Common Stock · 8,012,712 shares

Expires not disclosed

F4 · derivative.exercise_price: 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.

F1 · kind: On November 22, 2016, WildStar Partners LLC acquired a 0.045% general partner interest in A&Z 2015 Business Holdings LP ("A&Z Holdings") and became a co-general partner of A&Z Holdings with A&Z 2015 Business Management LLC ("A&Z Management"). A&Z Management's ownership interest in A&Z Holdings was reduced from 0.025% to 0.0249% as a result of the transaction. The reporting person indirectly holds limited partner interests in A&Z Holdings and is a member of A&Z Management.

F1 · price: On November 22, 2016, WildStar Partners LLC acquired a 0.045% general partner interest in A&Z 2015 Business Holdings LP ("A&Z Holdings") and became a co-general partner of A&Z Holdings with A&Z 2015 Business Management LLC ("A&Z Management"). A&Z Management's ownership interest in A&Z Holdings was reduced from 0.025% to 0.0249% as a result of the transaction. The reporting person indirectly holds limited partner interests in A&Z Holdings and is a member of A&Z Management.

F4 · derivative.exercise_date: 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.

F4 · derivative.expiration_date: 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.

F2 · balance_after: Except to the extent that the reporting person has a direct or indirect pecuniary interest in securities owned by the applicable trust, partnership or limited liability company, the reporting person disclaims beneficial ownership with respect to securities held in this manner. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.

F1 · ownership.nature: On November 22, 2016, WildStar Partners LLC acquired a 0.045% general partner interest in A&Z 2015 Business Holdings LP ("A&Z Holdings") and became a co-general partner of A&Z Holdings with A&Z 2015 Business Management LLC ("A&Z Management"). A&Z Management's ownership interest in A&Z Holdings was reduced from 0.025% to 0.0249% as a result of the transaction. The reporting person indirectly holds limited partner interests in A&Z Holdings and is a member of A&Z Management.

SEC source: 0001225208-16-042215 · doc4.xml · nonDerivative · entry 1

STERN ZACHARY M · CIK 0001462935 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · by A&Z 2015 Business Holdings LP

Disclosed balance after: 1,252,052

F1 · kind: On November 22, 2016, WildStar Partners LLC acquired a 0.045% general partner interest in A&Z 2015 Business Holdings LP ("A&Z Holdings") and became a co-general partner of A&Z Holdings with A&Z 2015 Business Management LLC ("A&Z Management"). A&Z Management's ownership interest in A&Z Holdings was reduced from 0.025% to 0.0249% as a result of the transaction. The reporting person indirectly holds limited partner interests in A&Z Holdings and is a member of A&Z Management.

F1 · price: On November 22, 2016, WildStar Partners LLC acquired a 0.045% general partner interest in A&Z 2015 Business Holdings LP ("A&Z Holdings") and became a co-general partner of A&Z Holdings with A&Z 2015 Business Management LLC ("A&Z Management"). A&Z Management's ownership interest in A&Z Holdings was reduced from 0.025% to 0.0249% as a result of the transaction. The reporting person indirectly holds limited partner interests in A&Z Holdings and is a member of A&Z Management.

F2 · balance_after: Except to the extent that the reporting person has a direct or indirect pecuniary interest in securities owned by the applicable trust, partnership or limited liability company, the reporting person disclaims beneficial ownership with respect to securities held in this manner. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.

F1 · ownership.nature: On November 22, 2016, WildStar Partners LLC acquired a 0.045% general partner interest in A&Z 2015 Business Holdings LP ("A&Z Holdings") and became a co-general partner of A&Z Holdings with A&Z 2015 Business Management LLC ("A&Z Management"). A&Z Management's ownership interest in A&Z Holdings was reduced from 0.025% to 0.0249% as a result of the transaction. The reporting person indirectly holds limited partner interests in A&Z Holdings and is a member of A&Z Management.

SEC source: 0001225208-16-041994 · doc4.xml · nonDerivative · entry 1

STERN ZACHARY M · CIK 0001462935 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · by Marilyn Sands Master Trust

Disclosed balance after: 331,674

F1 · kind: On October 14, 2016, the Marilyn Sands Master Trust received a gift of 331,674 shares of Class A Common Stock from an immediate family member of the reporting person.

F1 · price: On October 14, 2016, the Marilyn Sands Master Trust received a gift of 331,674 shares of Class A Common Stock from an immediate family member of the reporting person.

F2 · balance_after: The reporting person is a trustee of the Marilyn Sands Master Trust. Except to the extent that the reporting person has a direct or indirect pecuniary interest in securities owned by the trust, the reporting person disclaims beneficial ownership with the respect to the securities held in this manner. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.

F2 · ownership.nature: The reporting person is a trustee of the Marilyn Sands Master Trust. Except to the extent that the reporting person has a direct or indirect pecuniary interest in securities owned by the trust, the reporting person disclaims beneficial ownership with the respect to the securities held in this manner. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.