Matthew E. Hamel - Jun 1, 2022 Form 4 Insider Report for BROWN FORMAN CORP (BFA)

Role
EVP and General Counsel
Signature
Jaileah X. Huddleston, Attorney in Fact for Matthew E. Hamel
Stock symbol
BFA
Transactions as of
Jun 1, 2022
Transactions value $
-$76,465
Form type
4
Date filed
6/3/2022, 07:29 PM
Previous filing
May 2, 2022
Next filing
Aug 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class A Common Award $0 +2.63K +263.53% $0.00 3.63K Jun 1, 2022 Direct F1
transaction BFA Class A Common Tax liability -$76.5K -1.23K -33.77% $62.42 2.4K Jun 1, 2022 Direct F2, F3
holding BFA Class A Common 6.98K Jun 1, 2022 2021 GRAT
holding BFA Class A Common 62.7 Jun 1, 2022 DRIP F4
holding BFA Class A Common 24.9K Jun 1, 2022 GRAT
* 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, 2022, in connection with a July 25, 2019, award of performance-based restricted stock units. The award was subject to a three-year performance period, which ended April 30, 2022.
F2 To satisfy withholding obligations associated with the July 25, 2019, award of performance-based restricted stock units that were issued as shares on June 1, 2022, the reporting person surrendered 1,225 shares of Class A common stock.
F3 The closing price of BF-A on April 29, 2022, was used to calculate the withholding obligation.
F4 Number of shares acquired through the issuer's dividend reinvestment plan as of June 1, 2022.