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BROWN FORMAN CORP — Director's Dealing 2015
Apr 28, 2015
30482_dirs_2015-04-28_f5245baf-532b-4e17-95ca-fd6a58307c1d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BROWN FORMAN CORP (BF'B)
CIK: 0000014693
Period of Report: 2015-04-24
Reporting Person: Frazier Sandra (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-04-24 | Class B Common | M | 761.0000 | $36.4000 | Acquired | 352392.0000 | Direct |
| 2015-04-24 | Class B Common | F | 303.0000 | $91.6600 | Disposed | 352089.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-04-24 | Stock Appreciation Right | $36.4000 | M | 761.0000 | Disposed | 2015-04-30 | Class B Common (761.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common | 1406519.0000 | Direct |
| Class A Common | 3174471.0000 | Indirect |
| Class B Common | 793617.0000 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Deferred Stock Units | $ | Class B Common (1708.6500) | 1708.6500 | Direct | |
| Stock Appreciation Right | $27.0500 | 2019-04-30 | Class B Common (6752.0000) | 6752.0000 | Direct |
| Stock Appreciation Right | $35.5100 | 2018-04-30 | Class B Common (5495.0000) | 5495.0000 | Direct |
| Stock Appreciation Right | $33.7600 | 2017-04-30 | Class B Common (5987.0000) | 5987.0000 | Direct |
| Stock Appreciation Right | $34.9500 | 2016-04-30 | Class B Common (4819.0000) | 4819.0000 | Direct |
Footnotes
F1: Reflects the acquisition of additional shares of Class B common stock issued in the August 2012 stock split.
F2: The closing price of BF-B ($91.66) on April 23, 2015 was used to calculate the withholding obligation.
F3: Reflects the acquisition of 468,840 additional shares of Class A common stock issued in the August 2012 stock split.
F4: Reflects the acquisition of 1,058,157 additional shares of Class A common stock issued in the August 2012 stock split.
F5: Reflects the acquisition of of 264,539 additional shares of Class B common stock issued in the August 2012 split.
F6: These stock appreciation rights were previously reported as covering 470 shares at an exercise price of $58.84, but were adjusted to reflect the August 2012 stock split.
F7: Under the Brown-Forman Corporation Non-Employee Director Deferred Stock Unit Program each DSU represents the right to receive one share of the Company's Class B common stock. On each dividend payment date, participants are credited with DSU equivalents.
F8: Reflects that 514.99 additional DSUs were credited as a result of the August 2012 stock split, in addition to dividend credits.
F9: Annual grants of DSUs vest over the course of the Board year. DSUs are paid out in class B common stock on the first February 1 that is at least six months following the Director's termination from Board service.
F10: These stock appreciation rights were previously reported as covering 4,175 shares at an exercise price of $43.72, but were adjusted to reflect the August 2012 stock split.
F11: These stock appreciation rights were previously reported as covering 3,398 shares at an exercise price of $57.40, but were adjusted to reflect the August 2012 stock split.
F12: These stock appreciation rights were previously reported as covering 3,702 shares at an exercise price of $54.58, but were adjusted to reflect the August 2012 stock split.
F13: These stock appreciation rights were previously reported as covering 2,980 shares at an exercise price of $56.50, but were adjusted to reflect the August 2012 stock split.