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BROWN FORMAN CORP — Director's Dealing 2022
Jun 4, 2022
30482_dirs_2022-06-03_e07b3c6f-048d-4d3e-943b-1a9f888801da.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: Bentel Matias (SVP, Chief Brands Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-06-01 | Class B Common | A | 823 | — | Acquired | 3400 | Direct |
| 2022-06-01 | Class B Common | F | 258 | $67.44 | Disposed | 3142 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Appreciation Right | $39.2 | 2027-04-30 | Class B Common (1409.0) | 1409 | Direct |
| Stock Appreciation Right | $53.244 | 2028-04-30 | Class B Common (3495.0) | 3495 | Direct |
| Stock Appreciation Right | $53.875 | 2029-04-30 | Class B Common (4935.0) | 4935 | Direct |
| Stock Appreciation Right | $68.241 | 2030-04-30 | Class B Common (9546.0) | 9546 | Direct |
| Stock Appreciation Right | $70.242 | 2031-04-30 | Class B Common (11530.0) | 11530 | 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 258 shares of Class B common stock.
F3: The closing price of BF-B on April 29, 2022, was used to calculate the withholding obligation.
F4: These stock appreciation rights were previously reported as covering 1,389 shares at an exercise price of $39.757, but were adjusted to reflect the December 2021 special dividend.
F5: These stock appreciation rights were previously reported as covering 3,446 shares at an exercise price of $54, but were adjusted to reflect the December 2021 special dividend.
F6: These stock appreciation rights were previously reported as covering 4,865 shares at an exercise price of $54.64, but were adjusted to reflect the December 2021 special dividend.
F7: These stock appreciation rights were previously reported as covering 9,412 shares at an exercise price of $69.21, but were adjusted to reflect the December 2021 special dividend.
F8: These stock appreciation rights were previously reported as covering 11,368 shares at an exercise price of $71.24, but were adjusted to reflect the December 2021 special dividend.