BROWN FORMAN CORP — Director's Dealing 2022

May 3, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2022-04-29

Reporting Person: Hamel Matthew E (EVP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-04-29	Class B Common	M	14334	$22.724	Acquired	26241	Direct
2022-04-29	Class B Common	F	8426	$68.70	Disposed	17815	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-04-29	Stock Appreciation Right	$22.724	M	14334	Disposed	2022-04-30	Class B Common (14334.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common	25812	Indirect
Class B Common	19119.8851	Indirect
Class B Common	13.5567	Indirect
Class B Common	4143.4868	Indirect
Class B Common	41617	Indirect
Class B Common	70272	Indirect

Footnotes

F1: The closing price of BF-B on April 28, 2022, was used to calculate the withholding obligation.

F2: On the Form 4 dated February 1, 2022, an exercise of 14,133 shares and a withholding of 9,133 shares was reported. Due to a typographical error, an exercise of 14,333 shares and a withholding of 9,333 shares should have been reported. The net acquisition of 5,000 shares was correct and the total shares held following the earlier exercise remains correct.

F3: Number of shares acquired through the issuer's 401(k) plan as of April 29, 2022.

F4: Number of shares acquired through the issuer's dividend reinvestment plan as of April 29, 2022.

F5: Number of shares acquired through the issuer's employee stock purchase program as of April 29, 2022.