BROWN FORMAN CORP 4
4 · BROWN FORMAN CORP · Filed Jun 5, 2017
Insider Transaction Report
Form 4
BROWN FORMAN CORPBFA, BFB
Steiner Lisa P
SVP, Chief HR Officer
Transactions
- Award
Class A Common
2017-06-01+1,225→ 11,081 total
Holdings
- 3,157.353(indirect: DRIP)
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]Updated to reflect that the reporting person transferred 1,555 Class A shares from her direct holdings to her dividend reinvestment plan account on May 1, 2017.
- [F3]Number of shares acquired through the issuer's dividend reinvestment plan as of June 5, 2017. Also updated to reflect that the reporting person transferred 1,555 Class A shares from her direct holdings to her dividend reinvestment plan account on May 1, 2017.