BROWN FORMAN CORP — Director's Dealing 2020

Jan 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2020-01-09

Reporting Person: Cook John D. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-09	Class B Common	M	12188	$15.088	Acquired	32185	Direct
2020-01-09	Class B Common	F	2739	$67.14	Disposed	29446	Direct
2020-01-09	Class B Common	S	3400	$67.3089	Disposed	26046	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-09	Stock Appreciation Right	$15.088	M	12188	Disposed	2020-04-30	Class B Common (12188.0)	Direct

Footnotes

F1: The closing price of BF-B on January 8, 2020 was used to calculate the withholding obligation.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.2977 to $67.3186, inclusive. The reporting person undertakes to provide to Brown-Forman Corporation, any security holder of Brown-Forman Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.