CONSTELLATION BRANDS, INC. — Director's Dealing 2015

May 18, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSTELLATION BRANDS, INC. (STZ)
CIK: 0000016918
Period of Report: 2015-05-14

Reporting Person: LOCKE JAMES A III (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-14	Class A Common Stock	M	2503.0000	$27.9600	Acquired	38852.0000	Direct
2015-05-14	Class A Common Stock	S	2000.0000	$117.5420	Disposed	36852.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-14	Non-Qualified Stock Option (right to buy)	$27.9600	M	2503.0000	Disposed	2015-07-28	Class A Common Stock (2503.0000)	Direct

Footnotes

F1: 100% of this option has become exercisable.