Kelli Brown - 01 Jun 2023 Form 4 Insider Report for BROWN FORMAN CORP (BF-A)

Signature
Jaileah X. Huddleston, Attorney in Fact for Kelli Nelson Brown
Issuer symbol
BF-A
Transactions as of
01 Jun 2023
Net transactions value
-$3,450
Form type
4
Filing time
05 Jun 2023, 19:59:12 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 +148 +9.7% $0.000000 1,667 01 Jun 2023 Direct F1
transaction BFA Class B Common Tax liability $3,450 -53 -3.2% $65.09 1,614 01 Jun 2023 Direct F2, F3
holding BFA Class B Common 8 01 Jun 2023 DRIP F4
holding BFA Class B Common 899 01 Jun 2023 ESPP F5
* 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 53 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 dividend reinvestment plan as of June 1, 2023.
F5 Number of shares acquired through the issuer's employee stock purchase program as of June 1, 2023.