4//SEC Filing
Masick Michael Andrew 4
Accession 0000014693-18-000031
CIK 0000014693other
Filed
May 1, 8:00 PM ET
Accepted
May 2, 7:36 PM ET
Size
17.3 KB
Accession
0000014693-18-000031
Insider Transaction Report
Form 4
BROWN FORMAN CORPBFA, BFB
Masick Michael Andrew
EVP/Pres., Americas
Transactions
- Tax Payment
Class B Common
2018-04-30$56.04/sh−94$5,268→ 200 total - Exercise/Conversion
Restricted Stock Units
2018-04-30−294→ 0 totalFrom: 2018-04-30→ Class B Common (294 underlying) - Exercise/Conversion
Class B Common
2018-04-30+294→ 294 total
Holdings
- 9,784
Stock Appreciation Right
Exercise: $38.48From: 2019-05-01Exp: 2026-04-30→ Class B Common (9,784 underlying) - 3,342
Stock Appreciation Right
Exercise: $40.15From: 2018-05-01Exp: 2025-04-30→ Class B Common (3,342 underlying) - 4,503
Stock Appreciation Right
Exercise: $39.76From: 2020-05-01Exp: 2027-04-30→ Class B Common (4,503 underlying)
Footnotes (6)
- [F1]The closing price of BF-B on April 30, 2018 was used to calculate the withholding obligation.
- [F2]Each restricted stock unit represents a contingent right to recive one share of Brown-Forman Class B common stock.
- [F3]The restricted stock units were granted on July 24, 2014, and vested on April 30, 2018.
- [F4]On February 28, 2018, the issuer completed a stock split resulting in the distribution of one share of Class B common stock for every four shares of either Class A or Class B common stock held. On April 23, 2018, the issuer paid a special cash dividend. These stock appreciation rights were previously reported as covering 2,624 shares at an exercise price of $51.125, but were adjusted to reflect the February 2018 stock split and April 2018 special dividend.
- [F5]These stock appreciation rights were previously reported as covering 7,682 shares at an exercise price of $49.005, but were adjusted to reflect the February 2018 stock split and April 2018 special dividend.
- [F6]These stock appreciation rights were previously reported as covering 3,535 shares at an exercise price of $50.63, but were adjusted to reflect the February 2018 stock split and April 2018 special dividend.
Issuer
BROWN FORMAN CORP
CIK 0000014693
Entity typeother
Related Parties
1- filerCIK 0001719142
Filing Metadata
- Form type
- 4
- Filed
- May 1, 8:00 PM ET
- Accepted
- May 2, 7:36 PM ET
- Size
- 17.3 KB