Jane C. Morreau - Jun 1, 2021 Form 4 Insider Report for BROWN FORMAN CORP (BFA)

Role: EVP, Chief Financial Officer
Signature: Jaileah X. Huddleston, Attorney in Fact for Jane C. Morreau
Stock symbol: BFA
Transactions as of: Jun 1, 2021
Transactions value $: -$171,383
Form type: 4
Date filed: 6/3/2021, 06:40 PM
Next filing: Sep 24, 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BFA	Class A Common	Award	$0	+5.16K	+13.62%	$0.00	43.1K	Jun 1, 2021	Direct	F1
transaction	BFA	Class A Common	Tax liability	-$171K	-2.4K	-5.58%	$71.35	40.7K	Jun 1, 2021	Direct	F2, F3

Showing 1 to 2 of 2 entries

* 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, 2021, in connection with a July 26, 2018 award of performance-based restricted stock units. The award was subject to a three-year performance period, which ended April 30, 2021.
F2	To satisfy withholding obligations associated with the July 26, 2018 award of performance-based restricted stock units that were issued as shares on June 1, 2021, the reporting person surrendered 2,402 shares of Class A common stock.
F3	The closing price of BF-A on April 30, 2021 was used to calculate the withholding obligation.