Lawson E. Whiting - Feb 22, 2023 Form 4 Insider Report for BROWN FORMAN CORP (BFA)

Role
President & CEO, Director
Signature
Jaileah X. Huddleston, Attorney in Fact for Lawson E. Whiting
Stock symbol
BFA
Transactions as of
Feb 22, 2023
Transactions value $
-$376,856
Form type
4
Date filed
2/22/2023, 04:33 PM
Previous filing
Aug 1, 2022
Next filing
Jun 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class B Common Options Exercise $622K +22.2K +119.05% $28.03 40.8K Feb 22, 2023 Direct
transaction BFA Class B Common Tax liability -$999K -15.4K -37.7% $64.90 25.4K Feb 22, 2023 Direct F1
holding BFA Class B Common 0.704 Feb 22, 2023 DRIP F2

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 Options Exercise $0 -22.2K -100% $0.00* 0 Feb 22, 2023 Class B Common 22.2K $28.03 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The closing price of BF-B on February 21, 2023, was used to calculate the withholding obligation.
F2 Number of shares acquired through the issuer's dividend reinvestment plan as of February 22, 2023.