Matthew E. Hamel - 28 Jul 2022 Form 4 Insider Report for BROWN FORMAN CORP (BF-A)

Role: EVP and General Counsel
Signature: Jaileah X. Huddleston, Attorney in Fact for Matthew E. Hamel
Issuer symbol: BF-A
Transactions as of: 28 Jul 2022
Net transactions value: -$230,871
Form type: 4
Filing time: 01 Aug 2022, 18:04:08 UTC
Previous filing: 03 Jun 2022
Next filing: 02 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BFA	Class B Common	Options Exercise	$305,010	+10,880	+61%	$28.03	28,695	29 Jul 2022	Direct
transaction	BFA	Class B Common	Tax liability	$535,881	-7,280	-25%	$73.61	21,415	29 Jul 2022	Direct
holding	BFA	Class B Common						25,812	28 Jul 2022	2021 GRAT
holding	BFA	Class B Common						19,373	28 Jul 2022	By 401k	F1
holding	BFA	Class B Common						14	28 Jul 2022	DRIP	F2
holding	BFA	Class B Common						4,283	28 Jul 2022	ESPP	F3
holding	BFA	Class B Common						41,617	28 Jul 2022	GRAT
holding	BFA	Class B Common						70,272	28 Jul 2022	Spouse Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BFA	Stock Appreciation Right	Award	$0	+11,364		$0.000000	11,364	28 Jul 2022	Class B Common	11,364	$73.61	Direct
transaction	BFA	Stock Appreciation Right	Options Exercise	$0	-10,880	-25%	$0.000000	32,640	29 Jul 2022	Class B Common	10,880	$28.03	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Number of shares acquired through the issuer's 401(k) plan as of August 1, 2022.
F2	Number of shares acquired through the issuer's dividend reinvestment plan as of July 31, 2022.
F3	Number of shares acquired through the issuer's employee stock purchase program as of July 31, 2022.