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
                                                                                  
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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 *

Hanson Robert Lee
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)
EVP & Pres. Wine and Spirits
(Last)          (First)          (Middle)

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

1/8/2021
(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 1/8/2021  C  6101 A (1)10179 (2)D  
Class A Common Stock 1/8/2021  S  4045 D$228.15 6134 D  
Class A Common Stock 1/8/2021  S  2056 D$230.0255 (3)4078 D  

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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Non-Qualified Stock Option (right to buy) $87.13 1/8/2021  M     1606  1/23/2015 (4)4/24/2022 Class 1 (convertible) Common Stock 1606.0 $0 0 D  
Non-Qualified Stock Option (right to buy) $119.37 1/8/2021  M     1172  1/22/2016 (4)4/24/2022 Class 1 (convertible) Common Stock 1172.0 $0 0 D  
Non-Qualified Stock Option (right to buy) $166.34 1/8/2021  M     1267  1/20/2017 (4)4/24/2022 Class 1 (convertible) Common Stock 1267.0 $0 0 D  
Non-Qualified Stock Option (right to buy) $197.18 1/8/2021  M     1041  1/18/2018 (4)4/24/2022 Class 1 (convertible) Common Stock 1041.0 $0 0 D  
Non-Qualified Stock Option (right to buy) $213.85 1/8/2021  M     1015  1/17/2019 (4)4/24/2022 Class 1 (convertible) Common Stock 1015.0 $0 0 D  
Class 1 (convertible) Common Stock  (5)1/8/2021  M   6101     (5) (5)Class A Common Stock 6101.0  (6)6101 D  
Class 1 (convertible) Common Stock  (5)1/8/2021  C     6101   (5) (5)Class A Common Stock 6101.0 $0 0 D  

Explanation of Responses:
(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) Includes shares of Class A Common Stock acquired in July 2020 under the Constellation Brands, Inc. 1989 Employee Stock Purchase Plan.
(3) Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $230.0000 to $ 230.1200, 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) 100% of this option has become exercisable.
(5) 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.
(6) The shares of Class 1 Common Stock were acquired at the following prices: 1,606 at $87.13, 1,172 at $119.37, 1,267 at $166.34, 1,041 at $197.18. and 1,015 at $213.85.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Hanson Robert Lee
C/O CONSTELLATION BRANDS, INC.
207 HIGH POINT DRIVE, BUILDING 100
VICTOR, NY 14564


EVP & Pres. Wine and Spirits

Signatures
/s/ H. Elaine Ziakas, attorney-in-fact1/12/2021
**Signature of Reporting PersonDate

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