Campbell P. Brown - 01 Jun 2022 Form 4 Insider Report for BROWN FORMAN CORP (BF-A)

Role
Director
Signature
Jaileah X. Huddleston, Attorney in Fact for Campbell P. Brown
Issuer symbol
BF-A
Transactions as of
01 Jun 2022
Net transactions value
-$8,228
Form type
4
Filing time
03 Jun 2022, 19:27:29 UTC
Previous filing
26 Jul 2021
Next filing
01 Aug 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 Award $0 +330 +0.06% $0.000000 570,335 01 Jun 2022 Direct F1, F2
transaction BFA Class B Common Tax liability $8,228 -122 -0.02% $67.44 570,213 01 Jun 2022 Direct F3, F4
holding BFA Class B Common 0 01 Jun 2022 ESPP F5
holding BFA Class B Common 0 01 Jun 2022 By 401k F6
holding BFA Class B Common 916,987 01 Jun 2022 Brown Barker 2013 LLC
holding BFA Class B Common 45 01 Jun 2022 Child #1
holding BFA Class B Common 45 01 Jun 2022 Child #2
holding BFA Class B Common 264,777 01 Jun 2022 CPB 2010 #1 LLC
holding BFA Class B Common 60,543 01 Jun 2022 CPB 2010 #2 LLC
holding BFA Class B Common 88,166 01 Jun 2022 CPBee Charitable 2018 LLC
holding BFA Class B Common 299,326 01 Jun 2022 CPBee Endowment 2018 LLC
holding BFA Class B Common 88,166 01 Jun 2022 CPBee Sale 2018 LLC
holding BFA Class B Common 220,090 01 Jun 2022 GGB4 2013 Trust
holding BFA Class B Common 30,285 01 Jun 2022 Trust FBO Campbell P. Brown
holding BFA Class B Common 35,625 01 Jun 2022 Trust FBO Geo Garvin Brown IV (Irrev)
holding BFA Class B Common 191,850 01 Jun 2022 SCB 2020 LLC F7

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
holding BFA Stock Appreciation Right 2,874 01 Jun 2022 Class B Common 2,874 $35.60 Direct F8
holding BFA Stock Appreciation Right 7,366 01 Jun 2022 Class B Common 7,366 $37.94 Direct F9
holding BFA Stock Appreciation Right 9,320 01 Jun 2022 Class B Common 9,320 $39.20 Direct F10
holding BFA Stock Appreciation Right 5,784 01 Jun 2022 Class B Common 5,784 $53.24 Direct F11
holding BFA Stock Appreciation Right 5,920 01 Jun 2022 Class B Common 5,920 $53.88 Direct F12
holding BFA Stock Appreciation Right 9,021 01 Jun 2022 Class B Common 9,021 $68.24 Direct F13
* 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, 2022, in connection with a July 25, 2019, award of performance-based restricted stock units. The award was subject to a three-year performance period, which ended April 30, 2022.
F2 Total adjusted to reflect transfer of 12,883 shares previously held in the issuer's employee stock purchase plan and 22,997 shares previously held in the issuer's 401(k) plan.
F3 To satisfy withholding obligations associated with the July 25, 2019, award of performance-based restricted stock units that were issued as shares on June 1, 2022, the reporting person surrendered 122 shares of Class B common stock.
F4 The closing price of BF-B on April 29, 2022, was used to calculate the withholding obligation.
F5 Total adjusted to reflect updated balance and subsequent transfer of 12,883 shares previously held in the issuer's employee stock purchase plan to direct holdings.
F6 Total adjusted to reflect updated balance and subsequent transfer of 22,997 shares previously held in the issuer's 401(k) plan to direct holdings.
F7 Holding was inadvertently omitted from previous form filed on June 3, 2021.
F8 These stock appreciation rights were previously reported as covering 2,833 shares at an exercise price of $36.109, but were adjusted to reflect the December 2021 special dividend.
F9 These stock appreciation rights were previously reported as covering 7,262 shares at an exercise price of $38.481, but were adjusted to reflect the December 2021 special dividend.
F10 These stock appreciation rights were previously reported as covering 9,189 shares at an exercise price of $39.757, but were adjusted to reflect the December 2021 special dividend.
F11 These stock appreciation rights were previously reported as covering 5,703 shares at an exercise price of $54, but were adjusted to reflect the December 2021 special dividend.
F12 These stock appreciation rights were previously reported as covering 5,837 shares at an exercise price of $54.64, but were adjusted to reflect the December 2021 special dividend.
F13 These stock appreciation rights were previously reported as covering 8,894 shares at an exercise price of $69.21, but were adjusted to reflect the December 2021 special dividend.