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

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
SANDS RICHARD
   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)
Chairman of the Board
(Last)
(First)
(Middle)
C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BUILDING 100		 3. Date of Earliest Transaction (Month/Day/Year)
11/13/2015
(Street)

VICTOR, NY 14564		 4. If Amendment, Date 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
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 11/13/2015   C   21,950 A $ 0 (1) 353,675 D  
Class A Common Stock 11/13/2015   S   21,950 D $ 133.5462 (2) 331,725 D  
Class A Common Stock 11/16/2015   C   160,297 A $ 0 (1) 492,022 D  
Class A Common Stock 11/16/2015   S   160,297 D $ 134.2156 (3) 331,725 D  
Class A Common Stock               768 (4) I by MLR&R (5)
Class A Common Stock               15,720 (6) I By Spouse

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)		 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
Class 1 (convertible) Common Stock (7) 11/13/2015   M   21,950     (7)   (7) Class A Common Stock 21,950 $ 19.12 21,950 D  
Class 1 (convertible) Common Stock (7) 11/13/2015   C     21,950   (7)   (7) Class A Common Stock 21,950 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 19.12 11/13/2015   M     21,950   (8) 04/01/2018 Class 1 Common Stock 21,950 $ 0 160,297 D  
Class 1 (convertible) Common Stock (7) 11/16/2015   M   160,297     (7)   (7) Class A Common Stock 160,297 $ 19.12 160,297 D  
Class 1 (convertible) Common Stock (7) 11/16/2015   C     160,297   (7)   (7) Class A Common Stock 160,297 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 19.12 11/16/2015   M     160,297   (8) 04/01/2018 Class 1 Common Stock 160,297 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SANDS RICHARD
C/O CONSTELLATION BRANDS, INC.
207 HIGH POINT DRIVE, BUILDING 100
VICTOR, NY 14564		   X   X   Chairman of the Board  

Signatures

 /s/ H. Elaine Ziakas for Richard Sands   11/17/2015
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The reported shares of Class A Common Stock were received upon the conversion of shares of Class 1 Common Stock on a one-to-one basis.
(2) Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $133.50 to $133.625, inclusive. Upon request by the Commission staff, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
(3) Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $134.00 to $134.50, inclusive. Upon request by the Commission staff, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
(4) 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.
(5) 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.
(6) 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.
(7) Shares of Class 1 Common Stock are convertible to shares of Class A Common Stock of the Issuer on a one-to-one basis in connection with the holders' sale of the shares of Class A Common Stock received upon the conversion. Class 1 Common Stock is not traded on any stock exchange.
(8) 100% of this option has become exercisable.

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