CONSTELLATION BRANDS, INC. — Director's Dealing 2015

Feb 24, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSTELLATION BRANDS, INC. (STZ)
CIK: 0000016918
Period of Report: 2015-02-20

Reporting Person: Wright John A (Exec VP & Pres., Wine&Spirits)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-20	Class A Common Stock	C	10000.0000	—	Acquired	120797.0000	Direct
2015-02-20	Class A Common Stock	S	10000.0000	$114.7500	Disposed	110797.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-20	Class 1 (convertible) Common Stock	$	M	10000.0000	Acquired		Class A Common Stock (10000.0000)	Direct
2015-02-20	Class 1 (convertible) Common Stock	$	C	10000.0000	Disposed		Class A Common Stock (10000.0000)	Direct
2015-02-20	Non-Qualified Stock Option (right to buy)	$19.1200	M	10000.0000	Disposed	2018-04-01	Class 1 Common Stock (10000.0000)	Direct

Footnotes

F1: The reported shares of Class A Common Stock were received upon the conversion of shares of Class 1 Common Stock on a one-to-one basis.

F2: Includes shares of Class A Common Stock acquired in July 2014 and January 2015 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.

F3: Shares of Class 1 Common Stock are convertible to shares of Class A Common Stock of the Issuer on a one-to-one basis in connection with the holders' sale of the shares of Class A Common Stock received upon the conversion. Class 1 Common Stock is not traded on any stock exchange.

F4: 100% of this option has become exercisable.