Lawson E. Whiting - 01 Jun 2021 Form 4 Insider Report for BROWN FORMAN CORP (BF-A)

Signature
Jaileah X. Huddleston, Attorney in Fact for Lawson E. Whiting
Issuer symbol
BF-A
Transactions as of
01 Jun 2021
Net transactions value
-$244,873
Form type
4
Filing time
03 Jun 2021, 17:16:30 UTC
Next filing
26 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class A Common Award $0 +7,371 +63% $0.000000 19,029 01 Jun 2021 Direct F1
transaction BFA Class A Common Tax liability $244,873 -3,432 -18% $71.35 15,597 01 Jun 2021 Direct F2, F3
holding BFA Class A Common 3 01 Jun 2021 DRIP F4
* 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 3,432 shares of Class A common stock.
F3 The closing price of BF-A on April 30, 2021 was used to calculate the withholding obligation.
F4 Number of shares acquired through the issuer's dividend reinvestment plan as of June 1, 2021.