Thomas Hinrichs - Jun 1, 2022 Form 4 Insider Report for BROWN FORMAN CORP (BFA)

Role
SVP/Pres., Emerging Intl
Signature
Jaileah X. Huddleston, Attorney in Fact for Thomas W. Hinrichs
Stock symbol
BFA
Transactions as of
Jun 1, 2022
Transactions value $
-$60,048
Form type
4
Date filed
6/3/2022, 07:28 PM
Previous filing
May 2, 2022
Next filing
Aug 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class A Common Award $0 +2.03K +53.84% $0.00 5.79K Jun 1, 2022 Direct F1
transaction BFA Class A Common Tax liability -$60K -962 -16.62% $62.42 4.83K Jun 1, 2022 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, 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 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 962 shares of Class A common stock.
F3 The closing price of BF-A on April 29, 2022, was used to calculate the withholding obligation.