CONSTELLATION BRANDS, INC. — Director's Dealing 2019

Jul 18, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSTELLATION BRANDS, INC. (STZ)
CIK: 0000016918
Period of Report: 2019-07-16

Reporting Person: FOWDEN JEREMY S G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-07-16	Class A Common Stock	C	10213.0000	$0.0000	Acquired	27630.0000	Direct
2019-07-16	Class A Common Stock	S	10213.0000	$197.3539	Disposed	17417.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-07-16	Class 1 (convertible) Common Stock	$	M	8298.0000	Acquired		Class A Common Stock (8298.0000)	Direct
2019-07-16	Class 1 (convertible) Common Stock	$	M	1915.0000	Acquired		Class A Common Stock (1915.0000)	Direct
2019-07-16	Class 1 (convertible) Common Stock	$	C	10213.0000	Disposed		Class A Common Stock (10213.0000)	Direct
2019-07-16	Non-Qualified Stock Option (right to buy)	$197.8800	A	1289.0000	Acquired	2029-07-16	Class 1 Common Stock (1289.0000)	Direct
2019-07-16	Non-Qualified Stock Option (right to buy)	$16.8700	M	8298.0000	Disposed	2020-07-22	Class 1 Common Stock (8298.0000)	Direct
2019-07-16	Non-Qualified Stock Option (right to buy)	$18.2700	M	1915.0000	Disposed	2020-05-01	Class 1 Common Stock (1915.0000)	Direct
2019-07-16	Restricted Stock Units	$	A	517.0000	Acquired		Class A Common Stock (517.0000)	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: Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $197.1500 to $197.6850, inclusive. Upon request by the Commission staff, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.

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.

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

F6: 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.