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

Role
SVP/Pres. Europe, Director
Signature
Jaileah X. Huddleston, Attorney in Fact for Marshall B. Farrer
Stock symbol
BFA
Transactions as of
Jun 1, 2021
Transactions value $
-$8,848
Form type
4
Date filed
6/3/2021, 04:50 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 +392 +2.19% $0.00 18.3K Jun 1, 2021 Direct F1
transaction BFA Class B Common Tax liability -$8.85K -116 -0.63% $76.28 18.2K 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 116 shares of Class B common stock.
F3 The closing price of BF-B on April 30, 2021 was used to calculate the withholding obligation.