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

Signature
Jaileah X. Huddleston, Attorney in Fact for Kirsten M. Hawley
Issuer symbol
BF-A
Transactions as of
01 Jun 2023
Net transactions value
-$21,806
Form type
4
Filing time
05 Jun 2023, 20:21:04 UTC
Previous filing
01 Aug 2022
Next filing
26 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class A Common Award $0 +1,066 +11% $0.000000 10,592 01 Jun 2023 Direct F1
transaction BFA Class A Common Tax liability $21,806 -331 -3.1% $65.88 10,261 01 Jun 2023 Direct F2, F3
holding BFA Class A Common 1,685 01 Jun 2023 DRIP 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 331 shares of Class A common stock.
F3 The closing price of BF-A 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.