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CONSTELLATION BRANDS, INC. Director's Dealing 2004

Apr 9, 2004

30189_dirs_2004-04-08_b111da16-5240-4e29-972b-ec2701cda6cb.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSTELLATION BRANDS INC (STZ)
CIK: 0000016918
Period of Report: 2004-04-06

Reporting Person: WILSON W KEITH (Executive VP & CHRO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2004-04-06 Non-Qualified Stock Option (Right to Buy) $33.26 A 22800 Acquired 2014-04-06 Class A Common Stock (22800) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 400 Direct

Footnotes

F1: Includes shares of Class A Common Stock acquired in July 2003 and January 2004 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.

F2: This option becomes exercisable prior to the date specified as follows: (i) 25% will become exercisable after the fair market value of a share of Class A Common Stock has been at least $38.25 for fifteen (15) consecutive trading days; (ii) an additional 25% will become exercisable after such fair market value has been at least $43.99 for fifteen (15) consecutive trading days; and (iii) the remaining 50% will become exercisable after such fair market value has been at least $50.59 for fifteen (15) consecutive trading days.