CONSTELLATION BRANDS, INC. — Director's Dealing 2016

Jul 22, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSTELLATION BRANDS, INC. (STZ)
CIK: 0000016918
Period of Report: 2016-07-20

Reporting Person: Hernandez Ernesto M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-22	Class A Common Stock	M	712.0000	—	Acquired	815.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-07-20	Non-Qualified Stock Option (right to buy)	$166.3400	A	1267.0000	Acquired	2026-07-20	Class 1 Common Stock (1267.0000)	Direct
2016-07-20	Restricted Stock Units	$	A	511.0000	Acquired		Class A Common Stock (511.0000)	Direct
2016-07-22	Restricted Stock Units	$	M	712.0000	Disposed		Class A Common Stock (712.0000)	Direct

Footnotes

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

F2: All of these restricted stock units vest on the date specified. Vested shares will be delivered to the reporting person as of the vesting date net of shares withheld to satisfy taxes.

F3: The restricted stock units disposed of in the reported transaction vested on July 22, 2016.