Matthew E. Hamel - 01 Jun 2023 Form 4 Insider Report for BROWN FORMAN CORP (BFA)

Signature
Jaileah X. Huddleston, Attorney in Fact for Matthew E. Hamel
Issuer symbol
BFA
Transactions as of
01 Jun 2023
Transactions value $
-$28,394
Form type
4
Filing time
05 Jun 2023, 20:17:26 UTC
Previous filing
02 May 2023
Next filing
26 Jun 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 01 Jun 2023 Direct F1
transaction BFA Class A Common Tax liability -$28.4K -431 -5.86% $65.88 6.92K 01 Jun 2023 Direct F2, F3
holding BFA Class A Common 75.1 01 Jun 2023 DRIP F4
holding BFA Class A Common 22K 01 Jun 2023 GRAT
holding BFA Class A Common 6.28K 01 Jun 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.