Sec Form 4 Filing - HETTERICH F PAUL @ CONSTELLATION BRANDS, INC. - 2017-05-01

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
HETTERICH F PAUL
2. Issuer Name and Ticker or Trading Symbol
CONSTELLATION BRANDS, INC. [ STZ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Exec. Vice President
(Last) (First) (Middle)
C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BUILDING 100
3. Date of Earliest Transaction (MM/DD/YY)
05/01/2017
(Street)
VICTOR, NY14564
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 05/01/2017 M 7,420 A $ 0 ( 1 ) 59,866 D
Class A Common Stock 05/01/2017 M 3,637 A $ 0 ( 2 ) 63,503 D
Class A Common Stock 05/01/2017 F 5,373 D $ 172.07 58,130 D
Class A Common Stock 737 I As UTMA custodian for Son
Class A Common Stock 599 I by Daughter
Class A Common Stock 20,299 ( 3 ) I By Spouse
Class A Common Stock 373.928 I by Spouse as custodian for son under UTMA-1 ( 4 )
Class A Common Stock 373.928 I by Spouse as custodian for son under UTMA-2 ( 4 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 ) 05/01/2017 M 7,420 ( 5 ) ( 5 ) Class A Common Stock 7,420 $ 0 0 D
Restricted Stock Units ( 2 ) 05/01/2017 M 1,497 05/01/2014( 6 ) ( 6 ) Class A Common Stock 1,497 $ 0 0 D
Restricted Stock Units ( 2 ) 05/01/2017 M 927 05/01/2015( 6 ) ( 6 ) Class A Common Stock 927 $ 0 927 D
Restricted Stock Units ( 2 ) 05/01/2017 M 648 05/01/2016( 6 ) ( 6 ) Class A Common Stock 648 $ 0 1,294 D
Restricted Stock Units ( 2 ) 05/01/2017 M 565 05/01/2017( 6 ) ( 6 ) Class A Common Stock 565 $ 0 1,693 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HETTERICH F PAUL
C/O CONSTELLATION BRANDS, INC.
207 HIGH POINT DRIVE, BUILDING 100
VICTOR, NY14564
Exec. Vice President
Signatures
/s/ H. Elaine Ziakas for F. Paul Hetterich 05/03/2017
Signature of Reporting Person Date
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 )These shares are held in UTMA accounts for the benefit of the reporting person's stepsons. 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.
( 5 )The performance share units disposed of in the reported transaction vested on May 1, 2017. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.
( 6 )The restricted stock units disposed of in the reported transaction vested on May 1, 2017. Vested shares are delivered to the reporting person net of shares withheld to satisfy taxes.

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).

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