Timothy M. Nall - Jul 28, 2022 Form 4 Insider Report for BROWN FORMAN CORP (BFA)

Role
SVP CIO
Signature
Jaileah X. Huddleston, Attorney in Fact for Timothy M. Nall
Stock symbol
BFA
Transactions as of
Jul 28, 2022
Transactions value $
$0
Form type
4
Date filed
8/1/2022, 06:21 PM
Previous filing
Sep 13, 2021
Next filing
Jun 5, 2023

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 +6.75K $0.00 6.75K Jul 28, 2022 Class B Common 6.75K $73.61 Direct
holding BFA Stock Appreciation Right 8.04K Jul 28, 2022 Class B Common 8.04K $35.60 Direct F1
holding BFA Stock Appreciation Right 13.5K Jul 28, 2022 Class B Common 13.5K $39.58 Direct F2
holding BFA Stock Appreciation Right 7.77K Jul 28, 2022 Class B Common 7.77K $39.20 Direct F3
holding BFA Stock Appreciation Right 9.64K Jul 28, 2022 Class B Common 9.64K $53.24 Direct F4
holding BFA Stock Appreciation Right 9.87K Jul 28, 2022 Class B Common 9.87K $53.88 Direct F5
holding BFA Stock Appreciation Right 3.01K Jul 28, 2022 Class B Common 3.01K $68.24 Direct F6
holding BFA Stock Appreciation Right 4.54K Jul 28, 2022 Class B Common 4.54K $70.24 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These stock appreciation rights were previously reported as covering 7,930 shares at an exercise price of $36.109, but were adjusted to reflect the December 2021 special dividend.
F2 These stock appreciation rights were previously reported as covering 13,280 shares at an exercise price of $40.145, but were adjusted to reflect the December 2021 special dividend.
F3 These stock appreciation rights were previously reported as covering 7,659 shares at an exercise price of $39.757, but were adjusted to reflect the December 2021 special dividend.
F4 These stock appreciation rights were previously reported as covering 9,505 shares at an exercise price of $54, but were adjusted to reflect the December 2021 special dividend.
F5 These stock appreciation rights were previously reported as covering 9,729 shares at an exercise price of $54.64, but were adjusted to reflect the December 2021 special dividend.
F6 These stock appreciation rights were previously reported as covering 2,965 shares at an exercise price of $69.21, but were adjusted to reflect the December 2021 special dividend.
F7 These stock appreciation rights were previously reported as covering 4,472 shares at an exercise price of $71.24, but were adjusted to reflect the December 2021 special dividend.

Remarks:

The Form 3 filed on July 12, 2021, inadvertently included a grant of restricted stock units, which will be omitted from the insider's filings going forward.