Matthew E. Hamel - Jan 31, 2023 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
Jan 31, 2023
Transactions value $
-$133,824
Form type
4
Date filed
2/2/2023, 03:43 PM
Previous filing
Nov 2, 2022
Next filing
May 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 +36.72% $28.03 40.5K Jan 31, 2023 Direct F1
transaction BFA Class B Common Tax liability -$439K -6.65K -16.41% $66.00 33.9K Jan 31, 2023 Direct F2
holding BFA Class B Common 25.8K Jan 31, 2023 2021 GRAT
holding BFA Class B Common 19.5K Jan 31, 2023 By 401k F3
holding BFA Class B Common 15.7 Jan 31, 2023 DRIP F4
holding BFA Class B Common 4.57K Jan 31, 2023 ESPP F5
holding BFA Class B Common 36.8K Jan 31, 2023 GRAT F1
holding BFA Class B Common 70.3K Jan 31, 2023 Spouse Trust
holding BFA Class A Common 5.27K Jan 31, 2023 Direct F1
holding BFA Class A Common 6.98K Jan 31, 2023 2021 GRAT
holding BFA Class A Common 71.7 Jan 31, 2023 DRIP F4
holding BFA Class A Common 22K Jan 31, 2023 GRAT F1

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 $0 -10.9K -50% $0.00 10.9K Jan 31, 2023 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 Totals updated to reflect transfer of 2,864 Class A shares and 4,792 Class B shares from GRAT to direct holdings.
F2 The closing price of BF-B on January 30, 2023, was used to calculate the withholding obligation.
F3 Number of shares acquired through the issuer's 401(k) plan as of January 30, 2023.
F4 Number of shares acquired through the issuer's dividend reinvestment plan as of February 2, 2023.
F5 Number of shares acquired through the issuer's employee stock purchase program as of February 2, 2023.