BROWN FORMAN CORP 4
4 · BROWN FORMAN CORP · Filed May 3, 2016
Insider Transaction Report
Form 4
BROWN FORMAN CORPBFA, BFB
WELCH JAMES S JR
DirectorVice Chairman Strategy and HR
Transactions
- Tax Payment
Class A Common
2016-04-30$103.71/sh−2,001$207,524→ 42,504 total
Holdings
- 31,498
Stock Appreciation Right
Exercise: $43.10From: 2012-05-01Exp: 2019-04-30→ Class B Common (31,498 underlying) - 31,470
Stock Appreciation Right
Exercise: $38.43From: 2013-05-01Exp: 2020-04-30→ Class B Common (31,470 underlying) - 22,345
Stock Appreciation Right
Exercise: $46.40From: 2014-05-01Exp: 2021-04-30→ Class B Common (22,345 underlying) - 20,186
Stock Appreciation Right
Exercise: $58.70From: 2015-05-01Exp: 2022-04-30→ Class B Common (20,186 underlying) - 14,758
Stock Appreciation Right
Exercise: $72.42From: 2016-05-01Exp: 2023-04-30→ Class B Common (14,758 underlying) - 13,349
Stock Appreciation Right
Exercise: $91.97From: 2017-05-01Exp: 2024-04-30→ Class B Common (13,349 underlying) - 23,938
Stock Appreciation Right
Exercise: $33.76From: 2010-05-01Exp: 2017-04-30→ Class B Common (23,938 underlying) - 25,002
Class B Common
- 21,971
Stock Appreciation Right
Exercise: $35.51From: 2011-05-01Exp: 2018-04-30→ Class B Common (21,971 underlying) - 6,887
Stock Appreciation Right
Exercise: $102.25From: 2018-05-01Exp: 2025-04-30→ Class B Common (6,887 underlying)
Footnotes (2)
- [F1]To satisfy withholding obligations associated with the July 26, 2012 grant of Class A common stock that vested on April 30, 2016, the reporting person surrendered 2,001 shares of Class A common stock.
- [F2]The closing price of BF-A ($103.71) on April 29, 2016 was used to calculate the withholding obligation.