BROWN FORMAN CORP — Director's Dealing 2018

Jun 6, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2018-06-01

Reporting Person: Hawley Kirsten M (SVP, Chief HR Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-06-01	Class A Common	A	2117	—	Acquired	3420	Direct
2018-06-01	Class B Common	A	529	—	Acquired	3336	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common	33.5963	Indirect
Class B Common	4.8837	Indirect
Class B Common	5211.734	Indirect

Footnotes

F1: These shares were issued on June 1, 2018, in connection with a July 23, 2015 award of performance-based restricted stock. The award, initially determined as a cash value, was subject to a three-year performance period, which ended April 30, 2018. The number of Class A and Class B shares issued was determined by multiplying the cash value of the award by a three-year performance adjustment factor, dividing the amount by $111.30, which was the closing price of the issuer's Class A common stock on the date of the grant, and then adjusting for subsequent stock splits and dividends during the performance period.

F2: Number of shares acquired through the issuer's dividend reinvestment plan as of June 5, 2018.

F3: These shares were acquired in the February 2018 stock split.

F4: Number of shares acquired through the issuer's 401(k) plan as of June 5, 2018.