Matias Bentel - Jun 1, 2021 Form 4 Insider Report for BROWN FORMAN CORP (BFA)

Role
SVP, Chief Brands Officer
Signature
Jaileah X. Huddleston, Attorney in Fact for Matias Bentel
Stock symbol
BFA
Transactions as of
Jun 1, 2021
Transactions value $
-$12,968
Form type
4
Date filed
6/3/2021, 04:47 PM
Next filing
Jul 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class B Common Award $0 +548 +24.92% $0.00 2.75K Jun 1, 2021 Direct F1
transaction BFA Class B Common Tax liability -$13K -170 -6.19% $76.28 2.58K Jun 1, 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.