BROWN FORMAN CORP — Director's Dealing 2020

Apr 30, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2020-04-30

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-30	Class B Common	M	16032	$15.088	Acquired	114638	Direct
2020-04-30	Class B Common	F	9179	$63.26	Disposed	105459	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-30	Stock Appreciation Right	$15.088	M	16032	Disposed	2020-04-30	Class B Common (16032.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common	17313.3861	Indirect
Class B Common	3014.5708	Indirect
Class B Common	5.111	Indirect

Footnotes

F1: The closing price of BF-B on April 29, 2020 was used to calculate the withholding obligation.

F2: Number of shares acquired through the issuer's 401(k) plan as of April 30, 2020.

F3: Number of shares acquired through the issuer's employee stock purchase program as of April 30, 2020.

F4: Number of shares acquired through the issuer's dividend reinvestment plan as of April 30, 2020.