AI assistant
BROWN FORMAN CORP — Director's Dealing 2016
Jun 3, 2016
30482_dirs_2016-06-03_917974e4-e0db-4a20-82e9-151e61123043.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2016-06-01
Reporting Person: Jones Jill Ackerman (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-06-01 | Class A Common | A | 1750 | — | Acquired | 20936 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class B Common | 45 | Indirect |
| Class B Common | 19863 | Direct |
| Class A Common | 2661.3888 | Indirect |
| Class B Common | 45 | Indirect |
| Class B Common | 7378.9429 | Indirect |
| Class A Common | 170.9608 | Indirect |
| Class B Common | 311.8521 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Right | $38.43 | 2020-04-30 | Class B Common (15106.0) | 15106 | Direct |
| Stock Appreciation Right | $46.4 | 2021-04-30 | Class B Common (16759.0) | 16759 | Direct |
| Stock Appreciation Right | $58.7 | 2022-04-30 | Class B Common (11098.0) | 11098 | Direct |
| Stock Appreciation Right | $72.42 | 2023-04-30 | Class B Common (9771.0) | 9771 | Direct |
| Stock Appreciation Right | $91.97 | 2024-04-30 | Class B Common (10222.0) | 10222 | Direct |
| Stock Appreciation Right | $102.25 | 2025-04-30 | Class B Common (12592.0) | 12592 | Direct |
Footnotes
F1: These shares were issued on June 1, 2016, in connection with a July 25, 2013 award of Class A common performance-based restricted stock. The award, initially determined as a cash value, was subject to a three-year performance period, which ended April 30, 2016. The number of shares issued was determined by multiplying the cash value of the award by a three-year performance adjustment factor, dividing the amount by $74.06, which is the closing price of the issuers Class A common stock on the date of the grant, and then adjusting upwards to account for dividends paid during the performance period.
F2: Number of shares acquired through the issuer's employee stock purchase program as of June 1, 2016.
F3: Number of shares acquired through the issuer's 401(k) plan as of May 31, 2016.
F4: Number of shares acquired through the issuer's dividend reinvestment plan as of June 1, 2016.