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BROWN FORMAN CORP — Director's Dealing 2016
Aug 1, 2016
30482_dirs_2016-08-01_a4171f61-6350-4f46-95d2-5002e19d7b3c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2016-07-28
Reporting Person: Cook John D. (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-07-28 | Deferred Stock Units | $ | A | 1759.5587 | Acquired | Class A Common (1759.5587) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Deferred Stock Units | $ | Class B Common (5184.1968) | 5184.1968 | Direct | |
| Stock Appreciation Right | $36.16 | 2018-04-30 | Class B Common (4516.0) | 4516 | Direct |
| Stock Appreciation Right | $27.05 | 2019-04-30 | Class B Common (12451.0) | 12451 | Direct |
| Stock Appreciation Right | $38.43 | 2020-04-30 | Class B Common (4785.0) | 4785 | Direct |
Footnotes
F1: 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 A common stock. Grants made on July 28, 2016, were based on the closing price of the Company's Class A common stock on that date ($105.14). On each dividend payment date, participants are credited with DSU equivalents, and the DSU total on this form has been updated to reflect such credits.
F2: Annual grants of DSUs vest over the course of the Board year. DSUs are paid out in Class A common stock on the first February 1 that is at least six months following the director's termination from Board service.
F3: 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, and the DSU total on this form has been updated to reflect such credits.
F4: 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.