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BROWN FORMAN CORP — Director's Dealing 2022
Jun 4, 2022
30482_dirs_2022-06-03_b61a0877-4a5c-460c-8295-2b06194e18ac.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: 2022-06-01
Reporting Person: de Chabert Ralph E (SVP, Chief Diversity Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-06-01 | Class A Common | A | 937 | — | Acquired | 3685 | Direct |
| 2022-06-01 | Class A Common | F | 290 | $62.42 | Disposed | 3395 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Right | $28.034 | 2023-04-30 | Class B Common (1492.0) | 1492 | Direct |
| Stock Appreciation Right | $35.603 | 2024-04-30 | Class B Common (1725.0) | 1725 | Direct |
| Stock Appreciation Right | $39.582 | 2025-04-30 | Class B Common (7254.0) | 7254 | Direct |
| Stock Appreciation Right | $37.942 | 2026-04-30 | Class B Common (8309.0) | 8309 | Direct |
| Stock Appreciation Right | $39.2 | 2027-04-30 | Class B Common (7009.0) | 7009 | Direct |
| Stock Appreciation Right | $53.244 | 2028-04-30 | Class B Common (4349.0) | 4349 | Direct |
| Stock Appreciation Right | $53.875 | 2029-04-30 | Class B Common (5468.0) | 5468 | Direct |
| Stock Appreciation Right | $68.241 | 2030-04-30 | Class B Common (7498.0) | 7498 | Direct |
| Stock Appreciation Right | $70.242 | 2031-04-30 | Class B Common (5032.0) | 5032 | Direct |
Footnotes
F1: These shares were issued on June 1, 2022, in connection with a July 25, 2019, award of performance-based restricted stock units. The award was subject to a three-year performance period, which ended April 30, 2022.
F2: To satisfy withholding obligations associated with the July 25, 2019, award of performance-based restricted stock units that were issued as shares on June 1, 2022, the reporting person surrendered 290 shares of Class A common stock.
F3: The closing price of BF-A on April 29, 2022, was used to calculate the withholding obligation.
F4: These stock appreciation rights were previously reported as covering 1,471 shares at an exercise price of $28.433, but were adjusted to reflect the December 2021 special dividend.
F5: These stock appreciation rights were previously reported as covering 1,700 shares at an exercise price of $36.109, but were adjusted to reflect the December 2021 special dividend.
F6: These stock appreciation rights were previously reported as covering 7,152 shares at an exercise price of $40.145, but were adjusted to reflect the December 2021 special dividend.
F7: These stock appreciation rights were previously reported as covering 8,192 shares at an exercise price of $38.481, but were adjusted to reflect the December 2021 special dividend.
F8: These stock appreciation rights were previously reported as covering 6,910 shares at an exercise price of $39.757, but were adjusted to reflect the December 2021 special dividend.
F9: These stock appreciation rights were previously reported as covering 4,288 shares at an exercise price of $54, but were adjusted to reflect the December 2021 special dividend.
F10: These stock appreciation rights were previously reported as covering 5,391 shares at an exercise price of $54.64, but were adjusted to reflect the December 2021 special dividend.
F11: These stock appreciation rights were previously reported as covering 7,393 shares at an exercise price of $69.21, but were adjusted to reflect the December 2021 special dividend.
F12: These stock appreciation rights were previously reported as covering 4,961 shares at an exercise price of $71.24, but were adjusted to reflect the December 2021 special dividend.