Lawson E. Whiting - 13 Jan 2022 Form 4 Insider Report for BROWN FORMAN CORP (BF-A)

Role
President & CEO, Director
Signature
Jaileah X. Huddleston, Attorney in Fact for Lawson E. Whiting
Issuer symbol
BF-A
Transactions as of
13 Jan 2022
Net transactions value
-$417,861
Form type
4
Filing time
14 Jan 2022, 16:57:54 UTC
Previous filing
26 Jul 2021
Next filing
03 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class B Common Options Exercise $455,480 +20,044 +172% $22.72 31,676 13 Jan 2022 Direct
transaction BFA Class B Common Tax liability $873,341 -13,033 -41% $67.01 18,643 13 Jan 2022 Direct F1
holding BFA Class B Common 1 13 Jan 2022 DRIP F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BFA Stock Appreciation Right Options Exercise $0 -20,044 -100% $0.000000* 0 13 Jan 2022 Class B Common 20,044 $22.72 Direct F3
holding BFA Stock Appreciation Right 22,195 13 Jan 2022 Class B Common 22,195 $28.03 Direct F4
holding BFA Stock Appreciation Right 15,601 13 Jan 2022 Class B Common 15,601 $35.60 Direct F5
holding BFA Stock Appreciation Right 20,330 13 Jan 2022 Class B Common 20,330 $39.58 Direct F6
holding BFA Stock Appreciation Right 29,314 13 Jan 2022 Class B Common 29,314 $37.94 Direct F7
holding BFA Stock Appreciation Right 34,619 13 Jan 2022 Class B Common 34,619 $39.20 Direct F8
holding BFA Stock Appreciation Right 41,266 13 Jan 2022 Class B Common 41,266 $53.24 Direct F9
holding BFA Stock Appreciation Right 111,626 13 Jan 2022 Class B Common 111,626 $53.88 Direct F10
holding BFA Stock Appreciation Right 109,334 13 Jan 2022 Class B Common 109,334 $68.24 Direct F11
holding BFA Stock Appreciation Right 101,757 13 Jan 2022 Class B Common 101,757 $70.24 Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The closing price of BF-B on January 12, 2022, was used to calculate the withholding obligation.
F2 Number of shares acquired through the issuer's dividend reinvestment plan as of January 14, 2022.
F3 These stock appreciation rights were previously reported as covering 19,763 shares at an exercise price of $23.047, but were adjusted to reflect the December 2021 special dividend.
F4 These stock appreciation rights were previously reported as covering 21,884 shares at an exercise price of $28.433, but were adjusted to reflect the December 2021 special dividend.
F5 These stock appreciation rights were previously reported as covering 15,382 shares at an exercise price of $36.109, but were adjusted to reflect the December 2021 special dividend.
F6 These stock appreciation rights were previously reported as covering 20,045 shares at an exercise price of $40.145, but were adjusted to reflect the December 2021 special dividend.
F7 These stock appreciation rights were previously reported as covering 28,903 shares at an exercise price of $38.481, but were adjusted to reflect the December 2021 special dividend.
F8 These stock appreciation rights were previously reported as covering 34,134 shares at an exercise price of $39.757, but were adjusted to reflect the December 2021 special dividend.
F9 These stock appreciation rights were previously reported as covering 40,688 shares at an exercise price of $54, but were adjusted to reflect the December 2021 special dividend.
F10 These stock appreciation rights were previously reported as covering 110,063 shares at an exercise price of $54.64, but were adjusted to reflect the December 2021 special dividend.
F11 These stock appreciation rights were previously reported as covering 107,803 shares at an exercise price of $69.21, but were adjusted to reflect the December 2021 special dividend.
F12 These stock appreciation rights were previously reported as covering 100,332 shares at an exercise price of $71.24, but were adjusted to reflect the December 2021 special dividend.