CONSTELLATION BRANDS, INC. — Director's Dealing 2006

Apr 15, 2006

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: CONSTELLATION BRANDS, INC. (STZ/STZ.B)
CIK: 0000016918
Period of Report: 2006-02-28

Reporting Person: HETTERICH F PAUL (Executive VP)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	16094	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$6.4375	2010-04-05	Class A Common Stock (18400)	18400	Direct
Non-Qualified Stock Option (right to buy)	$8.8713	2011-04-10	Class A Common Stock (36000)	36000	Direct
Non-Qualified Stock Option (right to buy)	$10.25	2011-09-26	Class A Common Stock (50000)	50000	Direct
Non-Qualified Stock Option (right to buy)	$13.7125	2012-04-04	Class A Common Stock (20000)	20000	Direct
Non-Qualified Stock Option (right to buy)	$11.795	2013-04-02	Class A Common Stock (28800)	28800	Direct
Non-Qualified Stock Option (right to buy)	$11.75	2013-04-03	Class A Common Stock (60000)	60000	Direct
Incentive Stock Option (right to buy)	$15.25	2013-06-26	Class A Common Stock (19672)	19672	Direct
Non-Qualified Stock Option (right to buy)	$16.63	2014-04-06	Class A Common Stock (46600)	46600	Direct
Non-Qualified Stock Option (right to buy)	$23.02	2014-12-23	Class A Common Stock (40000)	40000	Direct
Non-Qualified Stock Option (right to buy)	$27.235	2015-04-07	Class A Common Stock (29600)	29600	Direct

Footnotes

F1: Includes shares of Class A Common Stock acquired in July 2005 and January 2006 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.

F2: 100% of this option has become exercisable.

F3: This option becomes exercisable at the rate of 25% per year beginning on the date specified.

F4: This option becomes exercisable at the rate of 20% per year beginning on the date specified.