Marshall B. Farrer - 01 Jun 2022 Form 4 Insider Report for BROWN FORMAN CORP (BF-A)

Signature
Jaileah X. Huddleston, Attorney in Fact for Marshall B. Farrer
Issuer symbol
BF-A
Transactions as of
01 Jun 2022
Net transactions value
-$26,841
Form type
4
Filing time
03 Jun 2022, 19:35:58 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 B Common Award $0 +896 +4.3% $0.000000 21,910 01 Jun 2022 Direct F1
transaction BFA Class B Common Tax liability $26,841 -398 -1.8% $67.44 21,512 01 Jun 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 398 shares of Class B common stock.
F3 The closing price of BF-B on April 29, 2022, was used to calculate the withholding obligation.