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BROWN FORMAN CORP — Director's Dealing 2015
Mar 17, 2015
30482_dirs_2015-03-17_e16e8959-fae8-41ea-b6cd-a17530de75bd.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: 2015-03-13
Reporting Person: Alvarez Alejandro A (SVP, CPO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-13 | Class B Common | M | 2178.0000 | $38.4300 | Acquired | 2178.0000 | Direct |
| 2015-03-13 | Class B Common | M | 2128.0000 | $27.0500 | Acquired | 4306.0000 | Direct |
| 2015-03-13 | Class B Common | M | 1600.0000 | $46.4000 | Acquired | 5906.0000 | Direct |
| 2015-03-13 | Class B Common | S | 2248.0000 | $89.2448 | Disposed | 3658.0000 | Direct |
| 2015-03-13 | Class B Common | F | 3658.0000 | $89.9500 | Disposed | 0.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-13 | Stock Appreciation Right | $27.0500 | M | 2128.0000 | Disposed | 2019-04-30 | Class B Common (2128.0000) | Direct |
| 2015-03-13 | Stock Appreciation Right | $38.4300 | M | 2178.0000 | Disposed | 2020-04-30 | Class B Common (2178.0000) | Direct |
| 2015-03-13 | Stock Appreciation Right | $46.4000 | M | 1600.0000 | Disposed | 2021-04-30 | Class B Common (1600.0000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class B Common | 1031.5201 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Class B Common (280.0000) | 280.0000 | Direct | |
| Restricted Stock Units | $ | Class B Common (119.0000) | 119.0000 | Direct | |
| Stock Appreciation Right | $58.7000 | 2022-04-30 | Class B Common (3050.0000) | 3050.0000 | Direct |
| Stock Appreciation Right | $72.4200 | 2023-04-30 | Class B Common (3458.0000) | 3458.0000 | Direct |
| Stock Appreciation Right | $91.9700 | 2024-04-30 | Class B Common (4069.0000) | 4069.0000 | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.01 to $89.52, inclusive. The reporting person undertakes to provide to Brown-Forman Corporation, any security holder of Brown-Forman Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2: The closing price of BF-B ($89.95) on March 12, 2015 was used to calculate the tax withholding obligation.
F3: Number of shares the reporting person has acquired under the Brown-Forman 401(k) plan as of March 16, 2015.
F4: Each restricted stock unit represents a contingent right to receive one share of Brown-Forman Class B common stock.
F5: The Restricted Stock Units were granted on July 26, 2012, and vest April 30, 2016.
F6: The Restricted Stock Units were granted on July 25, 2013, and vest April 30, 2017.