BROWN FORMAN CORP 4
4 · BROWN FORMAN CORP · Filed Jun 5, 2017
Insider Transaction Report
Form 4
BROWN FORMAN CORPBFA, BFB
Jones Jill Ackerman
Senior Vice President
Transactions
- Award
Class A Common
2017-06-01+2,668→ 44,540 total
Holdings
- 826.024(indirect: DRIP)
Class A Common
- 5,583.211(indirect: ESPP)
Class A Common
Footnotes (3)
- [F1]These shares were issued on June 1, 2017, in connection with a July 24, 2014 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, 2017. The number of shares issued was determined by multiplying the cash value of the award by a three-year performance adjustment factor, dividing the amount by $45.125, which is the closing price of the issuer's Class A common stock on the date of the grant, and then adjusting upwards to account for dividends paid during the performance period.
- [F2]Number of shares acquired through the issuer's dividend reinvestment plan as of June 5, 2017.
- [F3]Number of shares acquired through the issuer's employee stock purchase program as of June 5, 2017.