Lawson E. Whiting - 01 Jun 2023 Form 4 Insider Report for BROWN FORMAN CORP (BF-A)

Signature
Jaileah X. Huddleston, Attorney in Fact for Lawson E. Whiting
Issuer symbol
BF-A
Transactions as of
01 Jun 2023
Net transactions value
-$450,026
Form type
4
Filing time
05 Jun 2023, 20:22:50 UTC
Previous filing
22 Feb 2023
Next filing
31 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class A Common Award $0 +14,832 +54% $0.000000 42,377 01 Jun 2023 Direct F1
transaction BFA Class A Common Tax liability $450,026 -6,831 -16% $65.88 35,546 01 Jun 2023 Direct F2, F3
holding BFA Class A Common 3 01 Jun 2023 DRIP F4
* 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 6,831 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.