Kirsten M. Hawley - Jun 22, 2023 Form 4 Insider Report for BROWN FORMAN CORP (BFA)

Role
EVP, Chief Ppl/Places/Comm
Signature
Jaileah X. Huddleston, Attorney in Fact for Kirsten M. Hawley
Stock symbol
BFA
Transactions as of
Jun 22, 2023
Transactions value $
-$256,498
Form type
4
Date filed
6/26/2023, 05:39 PM
Previous filing
Jun 5, 2023
Next filing
Jul 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class B Common Options Exercise $342K +9.02K +215.58% $37.94 13.2K Jun 22, 2023 Direct
transaction BFA Class B Common Tax liability -$439K -6.62K -50.12% $66.32 6.59K Jun 22, 2023 Direct F1
transaction BFA Class B Common Sale -$160K -2.4K -36.47% $66.54 4.18K Jun 22, 2023 Direct
holding BFA Class B Common 5.59K Jun 22, 2023 By 401k F2
holding BFA Class B Common 407 Jun 22, 2023 DRIP F3

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 -9.02K -50% $0.00 9.02K Jun 22, 2023 Class B Common 9.02K $37.94 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 June 21, 2023, was used to calculate the withholding obligation.
F2 Number of shares acquired through the issuer's 401(k) plan as of June 26, 2023.
F3 Number of shares acquired through the issuer's dividend reinvestment plan as of June 26, 2023.