BROWN FORMAN CORP — Director's Dealing 2020

Dec 22, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2020-12-18

Reporting Person: Hayes John V. (SVP/President, USA & Canada)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-18	Class B Common	M	14456	$18.217	Acquired	14736	Direct
2020-12-18	Class B Common	F	8514	$78.91	Disposed	6222	Direct
2020-09-09	Class B Common	G	955	—	Disposed	41000.9591	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-18	Stock Appreciation Right	$18.217	M	14456	Disposed	2021-04-30	Class B Common (14456.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common	7771.3291	Indirect
Class B Common	14270.58	Indirect

Footnotes

F1: The closing price of BF-B on December 17, 2020 was used to calculate the withholding obligation.

F2: Updated to reflect transfer from direct holdings to revocable trust.

F3: Updated to reflect dividend reinvestment and transfer from direct holdings to revocable trust.

F4: Number of shares acquired through the issuer's 401(k) plan as of December 17, 2020.

F5: Holding inadvertently omitted from prior filing.