CONSTELLATION BRANDS, INC. — Director's Dealing 2018

Apr 25, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSTELLATION BRANDS, INC. (STZ)
CIK: 0000016918
Period of Report: 2018-04-23

Reporting Person: Newlands William A (President & COO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-04-23	Non-Qualified Stock Option (right to buy)	$228.2600	A	19558.0000	Acquired	2028-04-23	Class 1 Common Stock (19558.0000)	Direct
2018-04-23	Performance Share Units	$	A	1672.0000	Acquired		Class A Common Stock (1672.0000)	Direct
2018-04-23	Restricted Stock Units	$	A	2561.0000	Acquired		Class A Common Stock (2561.0000)	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, 2018 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.

F5: Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.

F6: These restricted stock units vest in four equal annual installments beginning on the date specified. Vested shares will be delivered to the reporting person as of each vesting date net of shares withheld to satisfy taxes.