Sirchio John Kristin 4
4 · BROWN FORMAN CORP · Filed Jun 1, 2012
Insider Transaction Report
Form 4
BROWN FORMAN CORPBFA,BFB
Sirchio John Kristin
EVP, Chief Marketing Officer
Transactions
- Award
Class A Common
2012-06-01+1,130→ 1,130 total
Holdings
- 10,426
Stock Appreciation Right
Exercise: $61.24From: 2013-05-01Exp: 2020-04-30→ Class B Common (10,426 underlying) - 8,813
Stock Appreciation Right
Exercise: $73.95From: 2014-05-01Exp: 2021-04-30→ Class B Common (8,813 underlying) - 3,663
Stock Appreciation Right
Exercise: $50.57From: 2012-05-01Exp: 2019-04-30→ Class B Common (3,663 underlying)
Footnotes (1)
- [F1]These shares were issued on June 1, 2012 in connection with a July 23, 2009 award of Class A Common Performance-Based Restricted Stock. The award - initially determined as a cash value - was subject to a three-year performance period, which ended April 30, 2012. The number of shares issued was determined by multiplying the cash value of the award by a three-year performance adjustment factor, adjusting upwards to account for dividends paid during the second and third years of the performance period, and then dividing that amount by $46.40, which was the closing price of the issuer's Class A common stock on the date of the grant.