Bourdeau James O. Form 3 CONSTELLATION BRANDS / James O. Bourdeau ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Bourdeau James O.

(Last) (First) (Middle)

C/O CONSTELLATION BRANDS, INC.

207 HIGH POINT DRIVE, BUILDING 100

(Street)

VICTOR NY 14564

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
12/01/2017

3. Issuer Name and Ticker or Trading Symbol
CONSTELLATION BRANDS, INC. [ STZ ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Exec. VP & Gen. Counsel

5. If Amendment, Date of Original Filed (Month/Day/Year)

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	623	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Option (right to buy)	09/30/2015(1)	09/30/2024	Class 1 Common Stock	3,250	87.16	D
Non-Qualified Stock Option (right to buy)	04/28/2016(1)	04/28/2025	Class 1 Common Stock	5,910	117.12	D
Non-Qualified Stock Option (right to buy)	04/25/2017(1)	04/25/2026	Class 1 Common Stock	4,554	156.84	D
Non-Qualified Stock Option (right to buy)	04/21/2018(1)	04/21/2027	Class 1 Common Stock	4,487	172.09	D
Restricted Stock Units	05/01/2018(2)	05/01/2018	Class A Common Stock	247	(3)	D
Restricted Stock Units	05/01/2018(4)	05/01/2019	Class A Common Stock	370	(3)	D
Restricted Stock Units	05/01/2018(5)	05/01/2020	Class A Common Stock	423	(3)	D
Restricted Stock Units	05/01/2018(6)	05/01/2021	Class A Common Stock	530	(3)	D

Explanation of Responses:

1. This option becomes exercisable at the rate of 25% per year beginning on the date specified.

2. All of these restricted stock units vest on the date specified. Vested shares will be delivered to the reporting person as of vesting date net of shares withheld to satisfy taxes.

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

4. These restricted stock units vest in two 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.

5. These restricted stock units vest in three 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.

6. 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.

Remarks:

bourdeaupoa.txt

	James O. Bourdeau	12/01/2017
	** 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 5 (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 Number.