Matias Bentel - 01 Jun 2021 Form 4 Insider Report for BROWN FORMAN CORP (BF-A)

Signature
Jaileah X. Huddleston, Attorney in Fact for Matias Bentel
Issuer symbol
BF-A
Transactions as of
01 Jun 2021
Net transactions value
-$12,968
Form type
4
Filing time
03 Jun 2021, 16:47:05 UTC
Next filing
26 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class B Common Award $0 +548 +25% $0.000000 2,747 01 Jun 2021 Direct F1
transaction BFA Class B Common Tax liability $12,968 -170 -6.2% $76.28 2,577 01 Jun 2021 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were issued on June 1, 2021, in connection with a July 26, 2018 award of performance-based restricted stock units. The award was subject to a three-year performance period, which ended April 30, 2021.
F2 To satisfy withholding obligations associated with the July 26, 2018 award of performance-based restricted stock units that were issued as shares on June 1, 2021, the reporting person surrendered 170 shares of Class B common stock.
F3 The closing price of BF-B on April 30, 2021 was used to calculate the withholding obligation.