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

Role
EVP, Chief Financial Officer
Signature
Jaileah X. Huddleston, Attorney in Fact for Jane C. Morreau
Stock symbol
BFA
Transactions as of
Jun 1, 2021
Transactions value $
-$171,383
Form type
4
Date filed
6/3/2021, 06:40 PM
Next filing
Sep 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class A Common Award $0 +5.16K +13.62% $0.00 43.1K Jun 1, 2021 Direct F1
transaction BFA Class A Common Tax liability -$171K -2.4K -5.58% $71.35 40.7K 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 2,402 shares of Class A common stock.
F3 The closing price of BF-A on April 30, 2021 was used to calculate the withholding obligation.