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

Role
SVP/Pres. Europe, Director
Signature
Jaileah X. Huddleston, Attorney in Fact for Marshall B. Farrer
Stock symbol
BFA
Transactions as of
Jun 1, 2022
Transactions value $
-$26,841
Form type
4
Date filed
6/3/2022, 07:35 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 B Common Award $0 +896 +4.26% $0.00 21.9K Jun 1, 2022 Direct F1
transaction BFA Class B Common Tax liability -$26.8K -398 -1.82% $67.44 21.5K 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 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.