BROWN FORMAN CORP — Director's Dealing 2021

Jul 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2021-07-01

Reporting Person: Hawley Kirsten M (SVP, Chief Ppl/Places Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-01	Class B Common	M	30008	$39.757	Acquired	34192	Direct
2021-07-01	Class B Common	F	22135	$74.94	Disposed	12057	Direct
2021-07-01	Class B Common	S	7873	$74.6466	Disposed	4184	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-01	Stock Appreciation Right	$39.757	M	30008	Disposed	2027-04-30	Class B Common (30008.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common	5407.007	Indirect
Class B Common	381.6817	Indirect

Footnotes

F1: The closing price of BF-B on June 30, 2021 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 $74.63 to $74.66, 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.

F3: Number of shares acquired through the issuer's 401(k) plan as of July 2, 2021.

F4: Number of shares acquired through the issuer's dividend reinvestment plan as of July 2, 2021.