Masick Michael Andrew 4

4 · BROWN FORMAN CORP · Filed May 2, 2018

Form 4

Period: 2018-04-30

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 total
From: 2018-04-30→ Class B Common (294 underlying)
Exercise/Conversion
Class B Common
2018-04-30+294→ 294 total

Holdings

Stock Appreciation Right
Exercise: $38.48From: 2019-05-01Exp: 2026-04-30→ Class B Common (9,784 underlying)
9,784
Stock Appreciation Right
Exercise: $40.15From: 2018-05-01Exp: 2025-04-30→ Class B Common (3,342 underlying)
3,342
Stock Appreciation Right
Exercise: $39.76From: 2020-05-01Exp: 2027-04-30→ Class B Common (4,503 underlying)
4,503

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.

Documents

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