Lawson E. Whiting - 01 Jun 2022 Form 4 Insider Report for BROWN FORMAN CORP (BF-A)

Signature
Jaileah X. Huddleston, Attorney in Fact for Lawson E. Whiting
Issuer symbol
BF-A
Transactions as of
01 Jun 2022
Net transactions value
-$618,457
Form type
4
Filing time
03 Jun 2022, 19:36:42 UTC
Previous filing
14 Jan 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 +21,856 +140% $0.000000 37,453 01 Jun 2022 Direct F1
transaction BFA Class A Common Tax liability $618,457 -9,908 -26% $62.42 27,545 01 Jun 2022 Direct F2, F3
holding BFA Class A Common 3 01 Jun 2022 DRIP F4
* 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 9,908 shares of Class A common stock.
F3 The closing price of BF-A on April 29, 2022, was used to calculate the withholding obligation.
F4 Number of shares acquired through the issuer's dividend reinvestment plan as of June 1, 2022.