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BROWN FORMAN CORP Director's Dealing 2022

May 3, 2022

30482_dirs_2022-05-02_64c323d9-aece-490d-a9ac-e3de785b9117.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: 2022-04-29

Reporting Person: Hinrichs Thomas (SVP/Pres., Emerging Intl)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-04-29 Class B Common M 14663 $22.724 Acquired 22513 Direct
2022-04-29 Class B Common F 9510 $68.70 Disposed 13003 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-04-29 Stock Appreciation Right $22.724 M 14663 Disposed 2022-04-30 Class B Common (14663.0) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Appreciation Right $28.034 2023-04-30 Class B Common (11293.0) 11293 Direct
Stock Appreciation Right $37.942 2026-04-30 Class B Common (15179.0) 15179 Direct
Stock Appreciation Right $39.2 2027-04-30 Class B Common (12827.0) 12827 Direct
Stock Appreciation Right $53.244 2028-04-30 Class B Common (11312.0) 11312 Direct
Stock Appreciation Right $53.875 2029-04-30 Class B Common (23651.0) 23651 Direct
Stock Appreciation Right $68.241 2030-04-30 Class B Common (17960.0) 17960 Direct
Stock Appreciation Right $70.242 2031-04-30 Class B Common (11312.0) 11312 Direct

Footnotes

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

F2: These stock appreciation rights were previously reported as covering 14,457 shares at an exercise price of $23.047, but were adjusted to reflect the December 2021 special dividend.

F3: These stock appreciation rights were previously reported as covering 11,134 shares at an exercise price of $28.433, but were adjusted to reflect the December 2021 special dividend.

F4: These stock appreciation rights were previously reported as covering 14,966 shares at an exercise price of $38.481, but were adjusted to reflect the December 2021 special dividend.

F5: These stock appreciation rights were previously reported as covering 12,647 shares at an exercise price of $39.757, but were adjusted to reflect the December 2021 special dividend.

F6: These stock appreciation rights were previously reported as covering 11,153 shares at an exercise price of $54, but were adjusted to reflect the December 2021 special dividend.

F7: These stock appreciation rights were previously reported as covering 23,319 shares at an exercise price of $54.64, but were adjusted to reflect the December 2021 special dividend.

F8: These stock appreciation rights were previously reported as covering 17,708 shares at an exercise price of $69.21, but were adjusted to reflect the December 2021 special dividend.

F9: These stock appreciation rights were previously reported as covering 11,153 shares at an exercise price of $71.24, but were adjusted to reflect the December 2021 special dividend.