Matthew E. Hamel - Oct 31, 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
Oct 31, 2022
Transactions value $
-$508,344
Form type
4
Date filed
11/2/2022, 04:55 PM
Previous filing
Aug 1, 2022
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class B Common Options Exercise $305K +10.9K +50.81% $28.03 32.3K Oct 31, 2022 Direct
transaction BFA Class B Common Tax liability -$508K -7.46K -23.09% $68.17 24.8K Oct 31, 2022 Direct F1
holding BFA Class B Common 25.8K Oct 31, 2022 2021 GRAT
holding BFA Class B Common 19.4K Oct 31, 2022 By 401k F2
holding BFA Class B Common 14.9 Oct 31, 2022 DRIP F3
holding BFA Class B Common 4.42K Oct 31, 2022 ESPP F4
holding BFA Class B Common 41.6K Oct 31, 2022 GRAT
holding BFA Class B Common 70.3K Oct 31, 2022 Spouse Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BFA Stock Appreciation Right Options Exercise -$305K -10.9K -33.33% $28.03 21.8K Oct 31, 2022 Class B Common 10.9K $28.03 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The closing price of BF-B on October 28, 2022, was used to calculate the withholding obligation.
F2 Number of shares acquired through the issuer's 401(k) plan as of October 28, 2022.
F3 Number of shares acquired through the issuer's dividend reinvestment plan as of November 1, 2022.
F4 Number of shares acquired through the issuer's employee stock purchase program as of November 1, 2022.