Timothy M. Nall - 01 Jun 2023 Form 4 Insider Report for BROWN FORMAN CORP (BF-A)

Signature
Jaileah X. Huddleston, Attorney in Fact for Timothy M. Nall
Issuer symbol
BF-A
Transactions as of
01 Jun 2023
Net transactions value
-$6,379
Form type
4
Filing time
05 Jun 2023, 19:53:09 UTC
Previous filing
01 Aug 2022
Next filing
31 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class B Common Award $0 +325 +7% $0.000000 4,939 01 Jun 2023 Direct F1
transaction BFA Class B Common Tax liability $6,379 -98 -2% $65.09 4,841 01 Jun 2023 Direct F2, F3
holding BFA Class B Common 9 01 Jun 2023 Family Trust
holding BFA Class B Common 6,559 01 Jun 2023 By 401k 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, 2023, in connection with a July 30, 2020, award of performance-based restricted stock units. The award was subject to a three-year performance period, which ended April 30, 2023.
F2 To satisfy withholding obligations associated with the July 30, 2020, award of performance-based restricted stock units that were issued as shares on June 1, 2023, the reporting person surrendered 98 shares of Class B common stock.
F3 The closing price of BF-B on April 28, 2023, was used to calculate the withholding obligation.
F4 Number of shares acquired through the issuer's 401(k) plan as of June 1, 2023.