John V. Hayes - Jun 1, 2021 Form 4 Insider Report for BROWN FORMAN CORP (BFA)

Signature
Jaileah X. Huddleston, Attorney in Fact for John V. Hayes
Stock symbol
BFA
Transactions as of
Jun 1, 2021
Transactions value $
-$32,322
Form type
4
Date filed
6/3/2021, 06:58 PM
Next filing
Jul 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class A Common Award $0 +1.43K $0.00 1.43K Jun 1, 2021 Direct F1
transaction BFA Class A Common Tax liability -$32.3K -453 -31.59% $71.35 981 Jun 1, 2021 Direct F2, F3, F4
holding BFA Class A Common 5.7K Jun 1, 2021 Revocable Trust F5
holding BFA Class A Common 4.31K Jun 1, 2021 Hayes Investments LLC
* 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 453 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 Updated to reflect transfer from direct holdings to revocable trust.
F5 Updated to reflect dividend reinvestment and transfer from direct holdings to revocable trust.