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STZ.B Constellation Brands Inc

310.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Constellation Brands Inc NYSE:STZ.B NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 310.00 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

03/05/2016 9:26pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SANDS ROBERT
2. Issuer Name and Ticker or Trading Symbol

CONSTELLATION BRANDS, INC. [ STZ ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
President & CEO
(Last)          (First)          (Middle)

C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BUILDING 100
3. Date of Earliest Transaction (MM/DD/YYYY)

5/1/2016
(Street)

VICTOR, NY 14564
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock   5/1/2016     M    43900.0000   A $0   (1) 464352.0000   D    
Class A Common Stock   5/1/2016     M    23375.0000   A $0   (2) 487727.0000   D    
Class A Common Stock   5/1/2016     F    34688.0000   D $156.0600   453039.0000   D    
Class A Common Stock                  80928.0000   (3) I   by LES Holdings LLC   (4)
Class A Common Stock                  73800.0000   (3) I   by MES Holdings LLC   (5)
Class A Common Stock                  768.0000   (6) I   by MLR&R   (7)
Class A Common Stock                  1769.0000   (3) I   By Spouse  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Share Units     (1) 5/1/2016     M         43900.0000      (8)   (8) Class A Common Stock   43900.0000   $0.0000   0.0000   D    
Restricted Stock Units     (2) 5/1/2016     M         12122.0000      (9)   (9) Class A Common Stock   12122.0000   $0.0000   0.0000   D    
Restricted Stock Units     (2) 5/1/2016     M         5487.0000    5/1/2014   (9)   (9) Class A Common Stock   5487.0000   $0.0000   5487.0000   D    
Restricted Stock Units     (2) 5/1/2016     M         3398.0000    5/1/2015   (9)   (9) Class A Common Stock   3398.0000   $0.0000   6794.0000   D    
Restricted Stock Units     (2) 5/1/2016     M         2368.0000    5/1/2016   (9)   (9) Class A Common Stock   2368.0000   $0.0000   7102.0000   D    

Explanation of Responses:
( 1)  Each performance share unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
( 2)  Each restricted stock unit represents a contingent right to receive one share of Constellation Brands, Inc. Class A Common Stock.
( 3)  The reporting person disclaims beneficial ownership with respect to securities held in this manner, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.
( 4)  LES Holdings LLC is a limited liability company of which the reporting person is the general manager.
( 5)  MES Holdings LLC is a limited liability company of which the reporting person is the general manager.
( 6)  Except to the extent that the reporting person has a direct or indirect pecuniary interest in securities owned by the applicable trust, partnership or limited liability company, the reporting person disclaims beneficial ownership with respect to securities held in this manner. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.
( 7)  M,L,R&R is a general partnership of which the reporting person is a general partner and in which he has a pecuniary interest.
( 8)  The performance share units disposed of in the reported transaction vested on May 1, 2016. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.
( 9)  The restricted stock units disposed of in the reported transaction vested on May 1, 2016. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SANDS ROBERT
C/O CONSTELLATION BRANDS, INC.
207 HIGH POINT DRIVE, BUILDING 100
VICTOR, NY 14564
X X President & CEO

Signatures
/s/ H. Elaine Ziakas for Robert Sands 5/3/2016
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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