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BROWN FORMAN CORP — Director's Dealing 2022
Aug 2, 2022
30482_dirs_2022-08-01_8bbf7873-7cc6-4f26-8ac7-5e2943d4a799.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2022-07-28
Reporting Person: Skeans Tracy L (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-07-28 | Deferred Stock Units | $ | A | 2981.9695 | Acquired | Class A Common (2981.9695) | Direct |
Footnotes
F1: Under the Brown-Forman Corporation Non-Employee Director Deferred Stock Unit Program, each DSU represents the right to receive one share of the Company's Class A stock. Grants made on July 28, 2022, were based on the closing price of the Company's Class A common stock on that date ($72.10). On each dividend payment date, participants are credited with DSU equivalents, and the DSU total on this form has been updated to reflect such credits.
F2: Annual grants of DSUs vest over the course of the Board year. DSUs are paid out in Class A common stock on the first February 1 that is at least six months following the director's termination from Board service.