CONSTELLATION BRANDS, INC. - Director's Dealing 2007

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: CONSTELLATION BRANDS, INC. (STZ)
CIK: 0000016918
Period of Report: 2007-07-26

Reporting Person: Fernandez Jose F (CEO, Constell. Wines N. Amer.)

Security	Shares	Ownership
Class A Common Stock	4342	Direct

Security	Exercise Price	Expiration	Underlying	Ownership
Non-Qualified Stock Option (right to buy)	$16.63	2014-04-06	Class A Common Stock (50600)	Direct
Non-Qualified Stock Option (right to buy)	$20.79	2017-04-03	Class A Common Stock (131400)	Direct
Non-Qualified Stock Option (right to buy)	$23.02	2014-12-23	Class A Common Stock (30000)	Direct
Non-Qualified Stock Option (right to buy)	$25.88	2016-04-05	Class A Common Stock (87700)	Direct
Non-Qualified Stock Option (right to buy)	$27.235	2015-04-07	Class A Common Stock (34400)	Direct

F1: 100% of this option has become exercisable.

F2: This option becomes exercisable at the rate of 25% per year beginning on the date specified.