BROWN FORMAN CORP — Director's Dealing 2020

Jun 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2020-06-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-01	Class A Common	A	2098	—	Acquired	6428	Direct
2020-06-01	Class A Common	F	977	$56.72	Disposed	5451	Direct
2020-06-01	Class B Common	A	525	—	Acquired	27626	Direct
2020-06-01	Class B Common	F	245	$62.20	Disposed	27381	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common	116.6274	Indirect
Class A Common	4314.87	Indirect
Class B Common	7732.6293	Indirect
Class B Common	34.4547	Indirect
Class B Common	15559	Indirect
Class B Common	14270.58	Indirect

Footnotes

F1: These shares were issued on June 1, 2020, in connection with a July 27, 2017 award of performance-based restricted stock units. The award was subject to a three-year performance period, which ended April 30, 2020.

F2: To satisfy withholding obligations associated with the July 27, 2017 award of performance-based restricted stock units that were issued as shares on June 1, 2020, the reporting person surrendered 977 shares of Class A common stock.

F3: The closing price of BF-A on April 30, 2020 was used to calculate the withholding obligation.

F4: To satisfy withholding obligations associated with the July 27, 2017 award of performance-based restricted stock units that were issued as shares on June 1, 2020, the reporting person surrendered 245 shares of Class B common stock.

F5: The closing price of BF-B on April 30, 2020 was used to calculate the withholding obligation.

F6: Number of shares acquired through the issuer's employee stock purchase program as of June 1, 2020.

F7: Number of shares acquired through the issuer's employee stock purchase program as of June 1, 2020.