Crystal L. Peterson - Jun 1, 2023 Form 4 Insider Report for BROWN FORMAN CORP (BFA)

Role
EVP, Chief Incl/Global Comm
Signature
Jaileah X. Huddleston, Attorney in Fact for Crystal L. Peterson
Stock symbol
BFA
Transactions as of
Jun 1, 2023
Transactions value $
-$2,604
Form type
4
Date filed
6/5/2023, 08:07 PM
Previous filing
Aug 1, 2022
Next filing
Jul 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class B Common Award $0 +132 +12.21% $0.00 1.21K Jun 1, 2023 Direct F1
transaction BFA Class B Common Tax liability -$2.6K -40 -3.3% $65.09 1.17K Jun 1, 2023 Direct F2, F3
* 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 40 shares of Class B common stock.
F3 The closing price of BF-B on April 28, 2023, was used to calculate the withholding obligation.