Matthew E. Hamel - Jun 1, 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
Jun 1, 2023
Transactions value $
-$28,394
Form type
4
Date filed
6/5/2023, 08:17 PM
Previous filing
May 2, 2023
Next filing
Jun 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class A Common Award $0 +1.39K +23.26% $0.00 7.36K Jun 1, 2023 Direct F1
transaction BFA Class A Common Tax liability -$28.4K -431 -5.86% $65.88 6.92K Jun 1, 2023 Direct F2, F3
holding BFA Class A Common 75.1 Jun 1, 2023 DRIP F4
holding BFA Class A Common 22K Jun 1, 2023 GRAT
holding BFA Class A Common 6.28K Jun 1, 2023 2021 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, 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 431 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.