Thomas Hinrichs - 28 Apr 2023 Form 4 Insider Report for BROWN FORMAN CORP (BF-A)

Role: EVP/Pres., Emerging Intl
Signature: Jaileah X. Huddleston, Attorney in Fact for Thomas W. Hinrichs
Issuer symbol: BF-A
Transactions as of: 28 Apr 2023
Net transactions value: -$199,712
Form type: 4
Filing time: 02 May 2023, 16:26:26 UTC
Previous filing: 01 Aug 2022
Next filing: 05 Jun 2023
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	$316,588	+11,293	+87%	$28.03	24,296	28 Apr 2023	Direct
transaction	BFA	Class B Common	Tax liability	$516,300	-7,909	-33%	$65.28	16,387	28 Apr 2023	Direct	F1

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	-11,293	-100%	$0.000000^*	0	28 Apr 2023	Class B Common	11,293	$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 April 27, 2023, was used to calculate the withholding obligation.