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BROWN FORMAN CORP — Director's Dealing 2017
Mar 14, 2017
30482_dirs_2017-03-14_45a70373-4fe2-459a-86ba-ec2d6583e141.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: 2017-03-10
Reporting Person: Whiting Lawson E (EVP, Chief Brands & Strategy)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-10 | Class B Common | M | 7910 | $19.215 | Acquired | 7910 | Direct |
| 2017-03-10 | Class B Common | M | 8248 | $13.525 | Acquired | 16158 | Direct |
| 2017-03-10 | Class B Common | F | 9885 | $46.21 | Disposed | 6723 | Direct |
| 2017-03-10 | Class B Common | S | 6723 | $46.5201 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-10 | Stock Appreciation Right | $13.525 | M | 8248 | Disposed | 2019-04-30 | Class B Common (8248.0) | Direct |
| 2017-03-10 | Stock Appreciation Right | $19.215 | M | 7910 | Disposed | 2020-04-30 | Class B Common (7910.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common | 3081 | Direct |
| Class A Common | 2.6784 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Right | $23.2 | 2021-04-30 | Class B Common (17156.0) | 17156 | Direct |
| Stock Appreciation Right | $29.35 | 2022-04-30 | Class B Common (15518.0) | 15518 | Direct |
| Stock Appreciation Right | $36.21 | 2023-04-30 | Class B Common (17184.0) | 17184 | Direct |
| Stock Appreciation Right | $45.985 | 2024-04-30 | Class B Common (12078.0) | 12078 | Direct |
| Stock Appreciation Right | $51.1265 | 2025-04-30 | Class B Common (15740.0) | 15740 | Direct |
| Stock Appreciation Right | $49.005 | 2026-04-30 | Class B Common (22696.0) | 22696 | Direct |
Footnotes
F1: The closing price of BF-B on March 9, 2017 was used to calculate the withholding obligation.
F2: Reflects the acquisition of 1,540 additional shares in the August 2016 stock split.
F3: Number of shares acquired through the issuer's dividend reinvestment plan as of March, 2017.
F4: These stock appreciation rights were previously reported as covering 4,124 shares at an exercise price of $27.05, but were adjusted to reflect the August 2016 stock split.
F5: These stock appreciation rights were previously reported as covering 3,955 shares at an exercise price of $38.43, but were adjusted to reflect the August 2016 stock split.
F6: These stock appreciation rights were previously reported as covering 8,578 shares at an exercise price of $46.40, but were adjusted to reflect the August 2016 stock split.
F7: These stock appreciation rights were previously reported as covering 7,759 shares at an exercise price of $58.70, but were adjusted to reflect the August 2016 stock split.
F8: These stock appreciation rights were previously reported as covering 8,592 shares at an exercise price of $72.42, but were adjusted to reflect the August 2016 stock split.
F9: These stock appreciation rights were previously reported as covering 6,039 shares at an exercise price of $91.97, but were adjusted to reflect the August 2016 stock split.
F10: These stock appreciation rights were previously reported as covering 7,870 shares at an exercise price of $102.25, but were adjusted to reflect the August 2016 stock split.
F11: These stock appreciation rights were previously reported as covering 11,348 shares at an exercise price of $98.01, but were adjusted to reflect the August 2016 stock split.