UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1)* CONSTELLATION BRANDS, INC. -------------------------- (Name of Issuer) Class A Common Stock, par value $.01 per share Class B Common Stock, par value $.01 per share ----------------------------------------------- (Title of Class of Securities) Class A 21036P 10 8 Class B 21036P 20 7 ------------------- (CUSIP Numbers) Roger W. Byrd, Esq. Nixon Peabody LLP 1300 Clinton Square Rochester, New York 14604 716-263-1687 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) ----------------------------------------------------------------- October 1, 2001 ----------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ]. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss. 240.13d-7 for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). - 2 - -------------------------------------------------- CUSIP NO. Class A 21036P 10 8 Class B 21036P 20 7 -------------------------------------------------- ---------- ------------------------------------------------------------------- 1 Names of Reporting Persons IRS Identification Nos. of above Persons (Entities Only) Richard Sands ---------- ------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (A) |X| (B) |_| ---------- ----------------------------------------------------------------- 3 SEC Use Only ---------- ------------------------------------------------------------------- 4 Source of Funds OO ---------- ------------------------------------------------------------------- 5 Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) |_| ---------- ------------------------------------------------------------------- 6 Citizenship or Place of Organization United States ---------- ------------------------------------------------------------------- Number of 7 Sole Voting Power Shares Class A Shares 398,302 Class B Shares 1,477,058 -------- ------------------------------------------------- Beneficially 8 Shared Voting Power Owned by Class A Shares 147,356 Class B Shares 2,715,036 -------- ------------------------------------------------- Each 9 Sole Dispositive Power Reporting Class A Shares 398,302 Class B Shares 1,477,058 -------- ------------------------------------------------- Person with 10 Shared Dispositive Power Class A Shares 147,356 Class B Shares 2,715,036 ------------------- -------- ------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Reporting Person Class A Shares 545,658 (4,737,752 if Class B Shares were converted) Class B Shares 4,192,094 ------------ ----------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares |_| ------------ ----------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) Class A Shares 1.5% (11.3% if Class B Shares were converted) Class B Shares 69.0% ------------ ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ------------ ----------------------------------------------------------------- -3- -------------------------------------------------- CUSIP NO. Class A 21036P 10 8 Class B 21036P 20 7 -------------------------------------------------- ---------- ------------------------------------------------------------------- 1 Names of Reporting Persons IRS Identification Nos. of above Persons (Entities Only) Robert Sands ---------- ------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (A) |X| (B) |_| ---------- ------------------------------------------------------------------- 3 SEC Use Only ---------- ------------------------------------------------------------------- 4 Source of Funds OO ---------- ------------------------------------------------------------------- 5 Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) |_| ---------- ------------------------------------------------------------------- 6 Citizenship or Place of Organization United States ---------- ------------------------------------------------------------------- Number of 7 Sole Voting Power Shares Class A Shares 428,299 Class B Shares 1,475,648 -------- ------------------------------------------------- Beneficially 8 Shared Voting Power Owned by Class A Shares 147,356 Class B Shares 2,715,036 -------- ------------------------------------------------- Each 9 Sole Dispositive Power Reporting Class A Shares 428,299 Class B Shares 1,475,648 -------- ------------------------------------------------- Person with 10 Shared Dispositive Power Class A Shares 147,356 Class B Shares 2,715,036 ------------------- -------- ------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Reporting Person Class A Shares 575,655 (4,766,339 if Class B Shares were converted) Class B Shares 4,190,684 ------------ ----------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares |_| ------------ ----------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) Class A Shares 1.5% (11.4% if Class B Shares were converted) Class B Shares 69.0% ------------ ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ------------ ----------------------------------------------------------------- -4- -------------------------------------------------- CUSIP NO. Class A 21036P 10 8 Class B 21036P 20 7 -------------------------------------------------- ---------- ------------------------------------------------------------------- 1 Names of Reporting Persons IRS Identification Nos. of above Persons (Entities Only) Marilyn Sands ---------- ------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (A) |_| (B) |_| ---------- ------------------------------------------------------------------- 3 SEC Use Only ---------- ------------------------------------------------------------------- 4 Source of Funds OO ---------- ------------------------------------------------------------------- 5 Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) |_| ---------- ------------------------------------------------------------------- 6 Citizenship or Place of Organization United States ---------- ------------------------------------------------------------------- Number of 7 Sole Voting Power Shares Class A Shares 1,078,106 Class B Shares 9,000 -------- ------------------------------------------------- Beneficially 8 Shared Voting Power Owned by Class A Shares 29,454 Class B Shares 203,700 -------- ------------------------------------------------- Each 9 Sole Dispositive Power Reporting Class A Shares 1,078,106 Class B Shares 9,000 -------- ------------------------------------------------- Person with 10 Shared Dispositive Power Class A Shares 29,454 Class B Shares 203,700 ------------------- -------- ------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Reporting Person Class A Shares 1,107,560 (1,320,260 if Class B Shares were converted) Class B Shares 212,700 ------------ ----------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares |_| ------------ ----------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) Class A Shares 3.0% (3.5% if Class B Shares were converted) Class B Shares 3.5% ------------ ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN ------------ ----------------------------------------------------------------- -5- -------------------------------------------------- CUSIP NO. Class A 21036P 10 8 Class B 21036P 20 7 -------------------------------------------------- ---------- ------------------------------------------------------------------- 1 Names of Reporting Persons IRS Identification Nos. of above Persons (Entities Only) CWC Partnership-I ---------- ------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (A) |X| (B) |_| ---------- ------------------------------------------------------------------- 3 SEC Use Only ---------- ------------------------------------------------------------------- 4 Source of Funds OO ---------- ------------------------------------------------------------------- 5 Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) |_| ---------- ------------------------------------------------------------------- 6 Citizenship or Place of Organization New York ---------- ------------------------------------------------------------------- Number of 7 Sole Voting Power Shares Class A Shares 0 Class B Shares 0 -------- ------------------------------------------------- Beneficially 8 Shared Voting Power Owned by Class A Shares 118,094 Class B Shares 1,524,770 -------- ------------------------------------------------- Each 9 Sole Dispositive Power Reporting Class A Shares 0 Class B Shares 0 -------- ------------------------------------------------- Person with 10 Shared Dispositive Power Class A Shares 118,094 Class B Shares 1,524,770 ------------------- -------- ------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Reporting Person Class A Shares 118,094 (1,642,864 if Class B Shares were converted) Class B Shares 1,524,770 ------------ ----------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares |_| ------------ ----------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) Class A Shares 0.3% (4.2% if Class B Shares were converted) Class B Shares 25.1% ------------ ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN ------------ ----------------------------------------------------------------- -6- -------------------------------------------------- CUSIP NO. Class A 21036P 10 8 Class B 21036P 20 7 -------------------------------------------------- ---------- ------------------------------------------------------------------- 1 Names of Reporting Persons IRS Identification Nos. of above Persons (Entities Only) Trust for the benefit of Andrew Stern, M.D. under Article "FIFTH (D)" of the Will of Laurie Sands ---------- ------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (A) |_| (B) |_| ---------- ------------------------------------------------------------------- 3 SEC Use Only ---------- ------------------------------------------------------------------- 4 Source of Funds OO ---------- ------------------------------------------------------------------- 5 Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) |_| ---------- ------------------------------------------------------------------- 6 Citizenship or Place of Organization New York ---------- ------------------------------------------------------------------- Number of 7 Sole Voting Power Shares Class A Shares 0 Class B Shares 0 -------- ------------------------------------------------- Beneficially 8 Shared Voting Power Owned by Class A Shares 118,094 Class B Shares 1,665,678 -------- ------------------------------------------------- Each 9 Sole Dispositive Power Reporting Class A Shares 0 Class B Shares 0 -------- ------------------------------------------------- Person with 10 Shared Dispositive Power Class A Shares 118,094 Class B Shares 1,665,678 ------------------- -------- ------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Reporting Person Class A Shares 118,094 (1,783,772 if Class B Shares were converted) Class B Shares 1,665,678 ------------ ----------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares |_| ------------ ----------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) Class A Shares 0.3% (4.6% if Class B Shares were converted) Class B Shares 27.4% ------------ ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO ------------ ----------------------------------------------------------------- -7- -------------------------------------------------- CUSIP NO. Class A 21036P 10 8 Class B 21036P 20 7 -------------------------------------------------- ---------- ------------------------------------------------------------------- 1 Names of Reporting Persons IRS Identification Nos. of above Persons (Entities Only) Trust for the benefit of the Grandchildren of Marvin and Marilyn Sands ---------- ------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (A) |X| (B) |_| ---------- ------------------------------------------------------------------- 3 SEC Use Only ---------- ------------------------------------------------------------------- 4 Source of Funds OO ---------- ------------------------------------------------------------------- 5 Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) |_| ---------- ------------------------------------------------------------------- 6 Citizenship or Place of Organization New York ---------- ------------------------------------------------------------------- Number of 7 Sole Voting Power Shares Class A Shares 0 Class B Shares 0 -------- ------------------------------------------------- Beneficially 8 Shared Voting Power Owned by Class A Shares 0 Class B Shares 1,012,500 -------- ------------------------------------------------- Each 9 Sole Dispositive Power Reporting Class A Shares 0 Class B Shares 0 -------- ------------------------------------------------- Person with 10 Shared Dispositive Power Class A Shares 0 Class B Shares 1,012,500 ------------------- -------- ------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Reporting Person Class A Shares 0 (1,012,500 if Class B Shares were converted) Class B Shares 1,012,500 ------------ ----------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares |_| ------------ ----------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) Class A Shares 0.0% (2.6% if Class B Shares were converted) Class B Shares 16.7% ------------ ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO ------------ ----------------------------------------------------------------- -8- -------------------------------------------------- CUSIP NO. Class A 21036P 10 8 Class B 21036P 20 7 -------------------------------------------------- ---------- ------------------------------------------------------------------- 1 Names of Reporting Persons IRS Identification Nos. of above Persons (Entities Only) CWC Partnership-II ---------- ------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (A) |X| (B) |_| ---------- ------------------------------------------------------------------- 3 SEC Use Only ---------- ------------------------------------------------------------------- 4 Source of Funds OO ---------- ------------------------------------------------------------------- 5 Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) |_| ---------- ------------------------------------------------------------------- 6 Citizenship or Place of Organization New York ---------- ------------------------------------------------------------------- Number of 7 Sole Voting Power Shares Class A Shares 0 Class B Shares 0 -------- ------------------------------------------------- Beneficially 8 Shared Voting Power Owned by Class A Shares 0 Class B Shares 140,908 -------- ------------------------------------------------- Each 9 Sole Dispositive Power Reporting Class A Shares 0 Class B Shares 0 -------- ------------------------------------------------- Person with 10 Shared Dispositive Power Class A Shares 0 Class B Shares 140,908 ------------------- -------- ------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Reporting Person Class A Shares 0 (140,908 if Class B Shares were converted) Class B Shares 140,908 ------------ ----------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares |_| ------------ ----------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) Class A Shares 0.0% (0.4% if Class B Shares were converted) Class B Shares 2.3% ------------ ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN ------------ ----------------------------------------------------------------- -9- -------------------------------------------------- CUSIP NO. Class A 21036P 10 8 Class B 21036P 20 7 -------------------------------------------------- ---------- ------------------------------------------------------------------- 1 Names of Reporting Persons IRS Identification Nos. of above Persons (Entities Only) The Stockholders Group described in Item 2 ---------- ------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (A) |X| (B) |_| ---------- ------------------------------------------------------------------- 3 SEC Use Only ---------- ------------------------------------------------------------------- 4 Source of Funds OO ---------- ------------------------------------------------------------------- 5 Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) |_| ---------- ------------------------------------------------------------------- 6 Citizenship or Place of Organization Not Applicable ---------- ------------------------------------------------------------------- Number of 7 Sole Voting Power Shares Class A Shares 0 Class B Shares 0 -------- ------------------------------------------------- Beneficially 8 Shared Voting Power Owned by Class A Shares 973,957 Class B Shares 5,667,742 -------- ------------------------------------------------- Each 9 Sole Dispositive Power Reporting Class A Shares 0 Class B Shares 0 -------- ------------------------------------------------- Person with 10 Shared Dispositive Power Class A Shares 973,957 Class B Shares 5,667,742 ------------------- -------- ------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Reporting Person Class A Shares 973,957 (6,641,699 if Class B Shares were converted) Class B Shares 5,667,742 ------------ ----------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares |_| ------------ ----------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) Class A Shares 2.6% (15.3% if Class B Shares were converted) Class B Shares 93.3% ------------ ----------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO ------------ ----------------------------------------------------------------- -10- ITEM 1. SECURITY AND ISSUER. The classes of equity securities to which this Amendment No. 1 to Schedule 13D (this "Amendment") relates are the Class A Common Stock, par value $0.01 (the "Class A Stock"), and the Class B Common Stock, par value $0.01 (the "Class B Stock"), of Constellation Brands, Inc., a Delaware corporation with its principal offices at 300 WillowBrook Office Park, Fairport, New York 14450 (the "Company"). The Company was formerly known as Canandaigua Wine Company, Inc. and Canandaigua Brands, Inc. ITEM 2. IDENTITY AND BACKGROUND. This amendment No. 1 to Schedule 13D is being filed by Richard Sands, Robert Sands, Marilyn Sands, CWC Partnership-I, a New York general partnership ("CWCP-I"), a Trust for the benefit of Andrew Stern M.D. under the Will of Laurie Sands (the "Marital Trust"), a Trust for the benefit of the grandchildren of Marvin and Marilyn Sands (the "Grandchildrens' Trust"), and a stockholders group pursuant to Section 13(d)(3) of the Securities Exchange Act of 1934 (collectively, the "Reporting Persons"). The stockholders group (the "Group") is comprised of Richard Sands, Robert Sands, CWCP-I, CWC Partnership-II, a New York general partnership ("CWCP-II") and the Grandchildrens' Trust. This Schedule 13D amends and restates the Schedule 13D filed by Marvin Sands, Marilyn Sands, Richard Sands, Robert Sands, Laurie Sands, the Grandchildrens' Trust and four trusts of which Marilyn Sands was trustee (the "GRITs") in October, 1993 with respect to transactions on June 17 and 29, 1993 (the "Original Filing"). The reporting persons in the Original Filing are referred to in this Amendment as the "Original Reporting Persons." The Group for purposes of this Amendment is comprised of fewer members than the group reported in the Original Filing because the Affiliates Agreement (which was filed as an exhibit to the Original Filing) which provided the basis for a portion of the former group has terminated or expired in accordance with its terms. Certain information with respect to the Reporting Persons and Group Members is set forth below: 1. Richard Sands a. Principal Occupation: Chairman of the Board, President and Chief Executive Officer of the Company b. Citizenship: United States 2. Robert Sands a. Principal Occupation: Group President of the Company b. Citizenship: United States 3. Marilyn Sands a. Principal Occupation: Retired b. Citizenship: United States -11- 4. CWC Partnership-I a. State of Organization: New York (a general partnership) b. Principal Business: Investing 5. Trust for the benefit of Andrew Stern, M.D. under the will of Laurie Sands a. State of Organization: New York b. Principal Business: Administration of Trust Assets 6. Trust for the Benefit of the Grandchildren of Marvin and Marilyn Sands a. State of Organization: New York b. Principal Business: Administration of Trust Assets 7. The Group a. State of Organization: Not Applicable b. Principal Business: Investing 8. CWC Partnership-II a. State of Organization: New York (a general partnership) b. Principal Business: Investing The principal office address or business address of each of the Reporting Persons and Group Members is 300 WillowBrook Office Park, Fairport, New York 14450. None of the Reporting Persons or Group Members has, during the last five years, been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which he, she or it is or was subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Not applicable with respect to the current transaction described in Section 4 or with respect to any intervening transactions described in Section 4 that were gifts or dispositions. With respect to the intervening transactions described in Section 4 that were not gifts or dispositions, acquired shares would have been purchased with personal funds of the purchaser, on margin, with proceeds of borrowings, or a combination of the foregoing. ITEM 4. PURPOSE OF THE TRANSACTION Current Transaction. The current transaction being reported is the sale by R, R, M & C Partners, L.L.C., a Missouri limited liability company (the "LLC"), and M, L, R & R, a New York general partnership ("MLR&R"), of an aggregate of 2,150,000 shares of Class A Stock in a registered, underwritten public offering (the "Offering") at a public offering price of $38.75 per share. Richard Sands and Robert Sands are each 50% owners of and the only directors or officers of R, R, M & C Management Corporation, a Missouri corporation (the "General Partner"), the General Partner is the sole general partner of R, R, M & C Group, L.P., a Missouri limited partnership (the "Partnership"), and the Partnership is the sole manager and sole member -12- of the LLC. Richard Sands, Robert Sands and CWCP-I are general partners of MLR&R. The LLC, the General Partner, the Partnership and MLR&R have filed a separate Schedule 13D and an amendment thereto regarding the current transaction being reported on this Amendment and the transactions through which the LLC obtained the Class A Stock sold in the offering. Of the 2,150,000 shares of Class A Stock sold in the Offering, the LLC sold 2,002,002 shares and MLR&R sold 147,998 shares. The LLC obtained the shares of Class A Stock sold by it in the offering through the following transactions: (a) on August 28, 2001 (i) each of Richard Sands and Robert Sands contributed 1,001 shares of Class A Stock to the General Partner and received one-half of the issued and outstanding stock of the General Partner, (ii) the General Partner Contributed 2,002 shares of Class A Stock to the Partnership and received a 0.1% general partnership interest in the Partnership, and (iii) each of Richard Sands, Robert Sands, Marilyn Sands and CWCP-I contributed 500,000 shares of Class A Stock to the Partnership and received a 24.975% limited partnership interest in the Partnership, (b) on August 31, 2001, the Partnership Contributed all 2,002,002 shares of Class A Stock to the LLC. MLR&R had previously acquired the shares of Class A Stock sold by it in the Offering in certain of the intervening transactions described below, and (c) on September 21, 2001, each of Richard Sands, Robert Sands, Marilyn Sands and CWCP-I assigned their respective limited partnership interests in the Partnership to certain charitable remainder trusts. Intervening Transactions. Between the date of the Original Filing and the transactions described above, the transactions described below occurred and affected the beneficial ownership of the Reporting Persons, the Group Members or the Original Reporting Persons (collectively, the "Covered Persons"): o On November 15, 1993, certain of the Covered Persons and their spouses converted the Company's 7% Convertible Subordinated Debentures due 2011 then held by them into the following number of shares of Class A Stock: Marvin Sands - 60,372; Marilyn Sands - 16,739; Richard Sands - 57,683; Robert Sands - 57,738; Laurie Sands - 57,738; the former spouse of Richard Sands - 3,402; the spouse of Robert Sands - 2,194; and the spouse of Laurie Sands - 2,194. o On January 1, 1994, Marvin Sands contributed 160,000 shares of Class A Stock to a unitrust, each of Richard Sands and Robert Sands contributed 200,000 shares to unitrusts, and Laurie Sands gave 200,000 shares of Class A Stock to her spouse who contributed them to a unitrust. These 760,000 shares of Class A Stock were sold by the unitrusts over a period of time in transactions exempt from registration pursuant to Rule 144 or were contributed by the unitrusts to the Mac and Sally Sands Foundation, Incorporated, a Virginia corporation (the "Sands Foundation"). o On January 26 and 27, 1994, Marilyn Sands and the spouses of other Covered Persons acquired the following number of shares of Class A Stock in open market purchases: Marilyn Sands - 700; former spouse of Richard Sands - 4,678; spouse of Robert Sands - 14,242; and spouse of Laurie Sands - 18,830. o On January 17, 1995, each of Richard Sands, Robert Sands and Laurie Sands contributed shares of Class A Stock and Class B Stock to CWCP-I. Each of Richard -13- Sands and Robert Sands contributed 1,545 shares of Class A Stock and 3,395 shares of Class B Stock to CWCP-I. Laurie Sands contributed 305,861 shares of Class A Stock and 672,174 shares of Class B Stock to CWCP-I. In addition, Laurie Sands contributed her interest in MLR&R to CWCP-I and each of Richard Sands and Robert Sands contributed .0505% of their respective interests in MLR&R to CWCP-I. Laurie Sands contributed her remainder interest in 262,500 shares subject to a life estate of Marilyn Sands and her interest as a beneficiary under the GRITs to CWCP-II, and Robert Sands transferred 1.01% of his remainder interest in 262,500 shares subject to Marilyn Sands' life estate and 1.01% of his interest as a beneficiary under the GRITs to the Robert Sands Descendants Trust which, in turn, contributed such reminder and beneficial interests to CWCP-II. As a result of Laurie Sands' death in 1995, her interests in CWCP-I and CWCP-II were transferred to the Marital Trust and certain trusts for the benefit of her children in accordance with her will. o On January 26, 1996, Marvin Sands acquired 13,145 shares of Class A Stock in an open market purchase, Richard Sands and Robert Sands each acquired 16,408 shares of Class A Stock in open market purchases, and the Sands Foundation, acquired 10,431 shares of Class A Stock in an open market purchase. o Between October 17, 1996 and October 25, 1996, the following persons acquired the following number of shares of Class A Stock in open market purchases: Marvin Sands - 9,832; Robert Sands - 1,075; the current spouse of Richard Sands - 1,787; the spouse of Robert Sands - 3,842; and MLR&R - 47,516. o On April 6, 1999, Marvin Sands contributed 26,579 shares of Class A Stock and 101,850 shares of Class B Stock to The Marvin Sands Master Trust (the "Master Trust"). Prior to his death on August 28, 1999, Marvin Sands also transferred his interest in MLR&R to the Master Trust. On August 29, 1999, the Master Trust transferred 26,579 shares of Class A Stock and 83,421 shares of Class B Stock to MLR&R. o Richard Sands gave 5,000 shares of Class A Stock to charity on each of December 13, 1998, December 22, 1999, December 20, 2000 and April 6, 2001. Robert Sands gave 2,000 shares of Class A Stock to the Sands Foundation on each of December 31, 1998 and December 20, 2000. o The GRITs expired by their terms on November 18, 1993, 1995, 1997 and 1999. The shares of Class B Stock held by the GRITs were distributed to: Richard Sands - 92,250; Robert Sands - 91,546; Laurie Sands - 22,500; and CWCP-II - 70,454. o The Covered Persons made and received gifts of shares of Class A Stock throughout the period between the Original Filing and this Amendment. The net increase or (decrease) in the number of shares of Class A Stock resulting from gifts during this period with respect to each of the Covered Persons and their spouses are as follows: Marvin Sands - (1,395); Marilyn Sands - (13,607); Richard Sands - 780; Robert Sands - 780; Laurie Sands - 602; former spouse of Richard Sands - 1,965; current -14- spouse of Richard Sands - 178; spouse of Robert Sands - 2,662; spouse of Laurie Sands - 2,128. o On May 14, 2001, the Company effected a two-for-one stock split in the form of a stock dividend which was distributed to stockholders of record as of April 30, 2001. Accordingly, each of the Covered Persons and their spouses received one share of Class A Stock for each share of Class A Stock held by them on April 30, 2001 and one share of Class B Stock for each share of Class B Stock held by them on April 30, 2001. o Some of the shares of Class A Stock reported in the Original Filing as being beneficially owned by the Original Reporting Persons were reported as such because they were held in accounts in which such Original Reporting Persons were joint tenants. Such accounts were established in error and have been corrected. Accordingly, the following Original Reporting Persons no longer have beneficial ownership of the following number of shares of Class A Stock: Richard Sands - 17,288; Robert Sands - 17,288; Marilyn Sands - 2,280; and Laurie Sands - 17,288. In the descriptions above, references to the spouse of a Covered Person include any transactions by the spouse of the Covered Person as custodian for the minor children of the Covered Person or their spouse. Any transactions by the former spouse of Richard Sands on or after May 9, 1996, the day their divorce decree became final, are not described above. Also, transactions by the spouse of Laurie Sands after her death are not described above. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER The table below sets forth the shares of Class A Stock and Class B Stock beneficially owned by each Reporting Person and Group Member. The percentages of ownership were calculated on the basis of 37,291,021 shares of Class A Stock and 6,074,445 shares of Class B Stock outstanding as of the close of business on October 8, 2001. Shares of Class B Stock are convertible into shares of Class A Stock on a one-to-one basis at any time at the option of the holder. Of the Original Reporting Persons, Laurie Sands and the GRITs no longer own any shares of Class A Stock or Class B Stock and are accordingly omitted from this Amendment. In addition, Marilyn Sands no longer owns more than 5% of the outstanding Class A Stock or Class B Stock. -15-