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CONSTELLATION BRANDS, INC. Director's Dealing 2011

Apr 7, 2011

30189_dirs_2011-04-07_d4f0b337-8fdc-41d9-8200-871e31724b6b.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: 2011-04-05

Reporting Person: WILSON W KEITH (Exec VP & Chief HR/Admin Ofcr)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-04-05 Class A Common Stock A 15120 Acquired 59697 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-04-05 Non-qualified Stock Option (right to buy) $20.60 A 92430 Acquired 2021-04-05 Class 1 Common Stock (92430) Direct
2011-04-05 Performance Share Units $ A 9110 Acquired Class A Common Stock (9110) Direct

Footnotes

F1: This option becomes exercisable at the rate of 25% per year beginning on the date specified.

F2: Each performance share unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.

F3: Represents the date that the performance criteria with respect to the performance share units was satisfied.

F4: The performance share units vest on May 1, 2011 if the reporting person remains an employee through such date. Vested shares will be delivered to the reporting person on the vesting date net of shares withheld to satisfy taxes.