John Hayes V - 01 Jun 2022 Form 4 Insider Report for BROWN FORMAN CORP (BF-A)

Signature
Jaileah X. Huddleston, Attorney in Fact for John V. Hayes
Issuer symbol
BF-A
Transactions as of
01 Jun 2022
Net transactions value
-$47,689
Form type
4
Filing time
03 Jun 2022, 19:34:30 UTC
Previous filing
02 May 2022
Next filing
01 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class A Common Award $0 +1,640 $0.000000 1,640 01 Jun 2022 Direct F1, F2
transaction BFA Class A Common Tax liability $47,689 -764 -47% $62.42 876 01 Jun 2022 Direct F3, F4
transaction BFA Class B Common Gift $0 -1,065 -1.6% $0.000000 63,877 14 Dec 2021 Revocable Trust F5
holding BFA Class A Common 4,315 01 Jun 2022 Hayes Investments LLC
holding BFA Class A Common 6,747 01 Jun 2022 Revocable Trust F6
holding BFA Class B Common 0 01 Jun 2022 Direct F7
holding BFA Class B Common 8,000 01 Jun 2022 By 401k F8
holding BFA Class B Common 14,271 01 Jun 2022 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, 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 updated to reflect the transfer of 981 shares to a revocable trust.
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 764 shares of Class A common stock.
F4 The closing price of BF-A on April 29, 2022, was used to calculate the withholding obligation.
F5 Total updated to reflect the transfer of 17,816 shares from direct holdings.
F6 Total updated to reflect dividend reinvestment and the transfer of 981 shares from direct holdings.
F7 Total updated to reflect the transfer of 17,816 shares to a revocable trust.
F8 Number of shares acquired through the issuer's 401(k) plan as of May 31, 2022.