CONSTELLATION BRANDS, INC. — Director's Dealing 2015

Feb 2, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSTELLATION BRANDS, INC. (STZ)
CIK: 0000016918
Period of Report: 2015-01-29

Reporting Person: Hackett William F. (Exec VP & Pres., Beer Div.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-01-29	Class A Common Stock	M	18400.0000	$27.2350	Acquired	46136.0000	Direct
2015-01-29	Class A Common Stock	S	18400.0000	$111.3000	Disposed	27736.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-29	Non-Qualified Stock Option (right to buy)	$27.2350	M	18400.0000	Disposed	2015-04-07	Class A Common Stock (18400.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	800.0000	Indirect
Class A Common Stock	800.0000	Indirect

Footnotes

F1: Includes shares of Class A Common Stock acquired in July 2014 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.

F2: These shares are held in a trust for the benefit of the reporting person's daughter, for which the reporting person is co-trustee. The reporting person disclaims beneficial ownership with respect to these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

F3: These shares are held in a trust for the benefit of the reporting person's son, for which the reporting person is co-trustee. The reporting person disclaims beneficial ownership with respect to these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

F4: 100% of this option has become exercisable.