CONSTELLATION BRANDS, INC. — Director's Dealing 2021

May 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONSTELLATION BRANDS, INC. (STZ)
CIK: 0000016918
Period of Report: 2021-05-01

Reporting Person: Sabia James A. Jr. (EVP & Managing Director-Beer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-01	Class A Common Stock	M	228	—	Acquired	45116	Direct
2021-05-01	Class A Common Stock	M	1275	—	Acquired	46391	Direct
2021-05-01	Class A Common Stock	F	467	$240.32	Disposed	45924	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-01	Performance Share Units	$	M	228	Disposed		Class A Common Stock (228.0)	Direct
2021-05-01	Restricted Stock Units	$	M	198	Disposed	2021-05-01	Class A Common Stock (198.0)	Direct
2021-05-01	Restricted Stock Units	$	M	382	Disposed	2022-05-01	Class A Common Stock (382.0)	Direct
2021-05-01	Restricted Stock Units	$	M	286	Disposed		Class A Common Stock (286.0)	Direct
2021-05-01	Restricted Stock Units	$	M	409	Disposed		Class A Common Stock (409.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	2392	Indirect

Footnotes

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

F2: Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.

F3: Held by the James A., Jr. and Brooke M. Sabia Trust, of which the reporting person and his spouse are trustees and beneficiaries.

F4: The performance share units disposed of in the reported transaction vested on May 1, 2021. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.

F5: The restricted stock units disposed of in the reported transaction vested on May 1, 2021. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.