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CONSTELLATION BRANDS, INC. Director's Dealing 2006

Apr 8, 2006

30189_dirs_2006-04-07_e19f9d02-50d2-4a3d-9878-b505bbd85a2b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSTELLATION BRANDS, INC. (STZ/STZ.B)
CIK: 0000016918
Period of Report: 2006-04-05

Reporting Person: SUMMER THOMAS S (Executive VP & CFO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-04-05 Non-Qualified Stock Option (right to buy) $25.88 A 66000 Acquired 2016-04-05 Class A Common Stock (66000) Direct
2006-04-05 Non-Qualified Stock Option (right to buy) $25.88 A 30000 Acquired 2016-04-05 Class A Common Stock (30000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 59337 Direct
Class A Common Stock 1600 Indirect

Footnotes

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

F2: This option becomes exercisable at the rate of 25% per year beginning on the date specified.

F3: This option becomes exercisable after the closing of the acquisition of Vincor on or before December 31, 2006 at a rate of 25% per year beginning on April 5, 2007.