Ralph E. de Chabert - 01 Jun 2021 Form 4 Insider Report for BROWN FORMAN CORP (BF-A)

Signature
Jaileah X. Huddleston, Attorney in Fact for Ralph E. de Chabert
Issuer symbol
BF-A
Transactions as of
01 Jun 2021
Net transactions value
-$17,053
Form type
4
Filing time
03 Jun 2021, 18:46:20 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 +777 +35% $0.000000 2,987 01 Jun 2021 Direct F1
transaction BFA Class A Common Tax liability $17,053 -239 -8% $71.35 2,748 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 239 shares of Class A common stock.
F3 The closing price of BF-A on April 30, 2021 was used to calculate the withholding obligation.