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BROWN FORMAN CORP — Director's Dealing 2017
Jan 5, 2017
30482_dirs_2017-01-05_4841f54d-2f7c-4526-96ef-329441689f89.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: 2017-01-03
Reporting Person: MORREAU JANE C (EVP, Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-01-03 | Class B Common | M | 14262 | $17.755 | Acquired | 14366 | Direct |
| 2017-01-03 | Class B Common | F | 8839 | $44.92 | Disposed | 5527 | Direct |
| 2017-01-03 | Class B Common | S | 5423 | $45.1687 | Disposed | 104 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-01-03 | Stock Appreciation Right | $17.755 | M | 14262 | Disposed | 2018-04-30 | Class B Common (14262.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common | 23038.4541 | Direct |
| Class B Common | 5932.4076 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Right | $13.525 | 2019-04-30 | Class B Common (22926.0) | 22926 | Direct |
| Stock Appreciation Right | $19.215 | 2020-04-30 | Class B Common (25180.0) | 25180 | Direct |
| Stock Appreciation Right | $23.2 | 2021-04-30 | Class B Common (28730.0) | 28730 | Direct |
| Stock Appreciation Right | $29.35 | 2022-04-30 | Class B Common (22196.0) | 22196 | Direct |
| Stock Appreciation Right | $36.21 | 2023-04-30 | Class B Common (18532.0) | 18532 | Direct |
| Stock Appreciation Right | $45.985 | 2024-04-30 | Class B Common (26850.0) | 26850 | Direct |
| Stock Appreciation Right | $51.125 | 2025-04-30 | Class B Common (26758.0) | 26758 | Direct |
| Stock Appreciation Right | $49.005 | 2026-04-30 | Class B Common (41482.0) | 41482 | Direct |
Footnotes
F1: On August 18, 2016, the Class A and Class B common stock of Brown-Forman Corporation split 2-1, resulting in the reporting person's acquisition of 52 additional shares.
F2: The closing price of BF-B on December 30, 2016 was used to calculate the withholding obligation.
F3: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $45.1644 to $45.19, 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.
F4: Total updated to reflect dividend reinvestment and additional shares acquired in the August 2016 stock split.
F5: Number of shares acquired through the issuer's employee stock purchase program as of January 3, 2017. Also updated to reflect additional shares acquired in the August 2016 stock split.
F6: These stock appreciation rights were previously reported as covering 7,131 shares at an exercise price of $35.51, but were adjusted to reflect the August 2016 stock split.
F7: These stock appreciation rights were previously reported as covering 11,463 shares at an exercise price of $27.05, but were adjusted to reflect the August 2016 stock split.
F8: These stock appreciation rights were previously reported as covering 12,590 shares at an exercise price of $38.43, but were adjusted to reflect the August 2016 stock split.
F9: These stock appreciation rights were previously reported as covering 14,365 shares at an exercise price of $46.40, but were adjusted to reflect the August 2016 stock split.
F10: These stock appreciation rights were previously reported as covering 11,098 shares at an exercise price of $58.70, but were adjusted to reflect the August 2016 stock split.
F11: These stock appreciation rights were previously reported as covering 9,266 shares at an exercise price of $72.42, but were adjusted to reflect the August 2016 stock split.
F12: These stock appreciation rights were previously reported as covering 13,425 shares at an exercise price of $91.97, but were adjusted to reflect the August 2016 stock split.
F13: These stock appreciation rights were previously reported as covering 13,379 shares at an exercise price of $102.25, but were adjusted to reflect the August 2016 stock split.
F14: These stock appreciation rights were previously reported as covering 20,741 shares at an exercise price of $98.01, but were adjusted to reflect the August 2016 stock split.