Matthew E. Hamel - 31 Oct 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
Issuer symbol
BFA
Transactions as of
31 Oct 2023
Transactions value $
-$77,219
Form type
4
Filing time
02 Nov 2023, 16:38:26 UTC
Previous filing
31 Jul 2023
Next filing
01 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class B Common Options Exercise $304K +8.54K +36.13% $35.60 32.2K 31 Oct 2023 Direct
transaction BFA Class B Common Tax liability -$381K -6.9K -21.46% $55.23 25.3K 31 Oct 2023 Direct F1
holding BFA Class B Common 22.9K 31 Oct 2023 2021 GRAT
holding BFA Class B Common 36.8K 31 Oct 2023 GRAT
holding BFA Class B Common 90K 31 Oct 2023 Spouse Trust
holding BFA Class B Common 5.04K 31 Oct 2023 ESPP F2
holding BFA Class B Common 20.4K 31 Oct 2023 By 401k F3
holding BFA Class B Common 18.2 31 Oct 2023 DRIP F4

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 -8.54K -33.33% $0.00 17.1K 31 Oct 2023 Class B Common 8.54K $35.60 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 October 30, 2023, was used to calculate the withholding obligation.
F2 Number of shares acquired through the issuer's employee stock purchase program as of October 31, 2023.
F3 Number of shares acquired through the issuer's 401(k) plan as of October 30, 2023.
F4 Number of shares acquired through the issuer's dividend reinvestment plan as of October 31, 2023.