CONSTELLATION BRANDS, INC. — Director's Dealing 2011

May 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSTELLATION BRANDS, INC. (STZ)
CIK: 0000016918
Period of Report: 2011-05-01

Reporting Person: MULLIN THOMAS J (Exec. VP & Gen. Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-01	Class A Common Stock	M	8965.0000	—	Acquired	124349.0000	Direct
2011-05-01	Class A Common Stock	F	4144.0000	$22.3900	Disposed	120205.0000	Direct
2011-05-02	Class A Common Stock	S	5302.0000	$22.5009	Disposed	114903.0000	Direct
2011-05-03	Class A Common Stock	M	100000.0000	$10.2500	Acquired	214903.0000	Direct
2011-05-03	Class A Common Stock	S	100000.0000	$22.8350	Disposed	114903.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-01	Performance Share Units	$	M	8965.0000	Disposed		Class A Common Stock (8965.0000)	Direct
2011-05-03	Non-Qualified Stock Option (right to buy)	$10.2500	M	100000.0000	Disposed	2011-09-26	Class A Common Stock (100000.0000)	Direct

Footnotes

F1: Each performance share unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.

F2: The performance share units disposed of in the reported transaction vested on May 1, 2011. Vested shares were delivered to the reporting person on the vesting date net of shares withheld to satisfy taxes.

F3: 100% of this option has become exercisable.