Campbell P. Brown - Jun 1, 2023 Form 4 Insider Report for BROWN FORMAN CORP (BFA)

Role
Director
Signature
Jaileah X. Huddleston, Attorney in Fact for Campbell P. Brown
Stock symbol
BFA
Transactions as of
Jun 1, 2023
Transactions value $
-$5,793
Form type
4
Date filed
6/5/2023, 08:14 PM
Previous filing
Aug 1, 2022
Next filing
Jul 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class B Common Award $0 +244 +0.04% $0.00 570K Jun 1, 2023 Direct F1
transaction BFA Class B Common Tax liability -$5.79K -89 -0.02% $65.09 570K Jun 1, 2023 Direct F2, F3
holding BFA Class B Common 917K Jun 1, 2023 Brown Barker 2013 LLC
holding BFA Class B Common 45 Jun 1, 2023 Child #1
holding BFA Class B Common 45 Jun 1, 2023 Child #2
holding BFA Class B Common 265K Jun 1, 2023 CPB 2010 #1 LLC
holding BFA Class B Common 60.5K Jun 1, 2023 CPB 2010 #2 LLC
holding BFA Class B Common 88.2K Jun 1, 2023 CPBee Sale 2018 LLC
holding BFA Class B Common 299K Jun 1, 2023 CPBee Endowment 2018 LLC
holding BFA Class B Common 88.2K Jun 1, 2023 CPBee Charitable 2018 LLC
holding BFA Class B Common 220K Jun 1, 2023 GGB4 2013 Trust
holding BFA Class B Common 30.3K Jun 1, 2023 Trust FBO Campbell P. Brown
holding BFA Class B Common 35.6K Jun 1, 2023 Trust FBO Geo Garvin Brown IV (Irrev)
holding BFA Class B Common 192K Jun 1, 2023 SCB 2020 LLC
* 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 89 shares of Class B common stock.
F3 The closing price of BF-B on April 28, 2023, was used to calculate the withholding obligation.