BROWN FORMAN CORP — Director's Dealing 2019

Jun 6, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2019-06-03

Reporting Person: Hamel Matthew E (EVP, Gen Counsel and Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-03	Class A Common	A	4739	—	Acquired	30269	Direct
2019-06-03	Class A Common	F	2207	$52.30	Disposed	28062	Direct
2019-06-03	Class B Common	A	1184	—	Acquired	77170	Direct
2019-06-03	Class B Common	F	552	$53.29	Disposed	76618	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common	16572.2471	Indirect
Class B Common	2450.8756	Indirect
Class B Common	2.3394	Indirect
Class A Common	12.9384	Indirect

Footnotes

F1: These shares were issued on June 3, 2019, in connection with a July 28, 2016 award of performance-based restricted stock units. The award was subject to a three-year performance period, which ended April 30, 2019.

F2: To satisfy withholding obligations associated with the July 28, 2016 award of performance-based restricted stock units that were issued as shares on June 3, 2019, the reporting person surrendered 2,207 shares of Class A common stock.

F3: The closing price of BF-A on April 30, 2019 was used to calculate the withholding obligation.

F4: To satisfy withholding obligations associated with the July 28, 2016 award of performance-based restricted stock units that were issued as shares on June 3, 2019, the reporting person surrendered 552 shares of Class B common stock.

F5: The closing price of BF-B on April 30, 2019 was used to calculate the withholding obligation.

F6: Number of shares acquired through the issuer's 401(k) plan as of June 4, 2019.

F7: Number of shares acquired through the issuer's employee stock purchase program as of June 4, 2019.

F8: Number of shares acquired through the issuer's dividend reinvestment plan as of June 4, 2019.