BROWN FORMAN CORP — Director's Dealing 2020

Jun 3, 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: Hamel Matthew E (EVP, Gen Counsel and Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-01	Class A Common	A	4672	—	Acquired	32999	Direct
2020-06-01	Class A Common	F	2176	$56.72	Disposed	30823	Direct
2020-06-01	Class B Common	A	1168	—	Acquired	106627	Direct
2020-06-01	Class B Common	F	544	$62.20	Disposed	106083	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common	17409.4441	Indirect
Class B Common	3060.9949	Indirect
Class B Common	5.111	Indirect
Class A Common	25.0335	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 2,176 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 544 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 401(k) plan as of June 1, 2020.

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

F8: Number of shares acquired through the issuer's dividend reinvestment plan as of June 1, 2020.