Steiner Lisa P 4
4 · BROWN FORMAN CORP · Filed May 2, 2018
Insider Transaction Report
Form 4
BROWN FORMAN CORPBFA, BFB
Steiner Lisa P
SVP, Chief HR Officer
Transactions
- Tax Payment
Class A Common
2018-04-30$53.37/sh−389$20,761→ 10,692 total - Tax Payment
Class B Common
2018-04-30$56.04/sh−97$5,436→ 3,275 total
Holdings
- 13,925
Stock Appreciation Right
Exercise: $36.11From: 2017-05-01Exp: 2024-04-30→ Class B Common (13,925 underlying) - 3,572.238(indirect: DRIP)
Class A Common
- 14,368
Stock Appreciation Right
Exercise: $40.15From: 2018-05-01Exp: 2025-04-30→ Class B Common (14,368 underlying) - 16,130
Stock Appreciation Right
Exercise: $39.76From: 2020-05-01Exp: 2027-04-30→ Class B Common (16,130 underlying) - 19,121
Stock Appreciation Right
Exercise: $38.48From: 2019-05-01Exp: 2026-04-30→ Class B Common (19,121 underlying) - 1,194.412(indirect: DRIP)
Class B Common
Footnotes (10)
- [F1]To satisfy withholding obligations associated with the July 24, 2014 award of Class A common stock that vested on April 30, 2018, the reporting person surrendered 389 shares of Class A common stock.
- [F10]These stock appreciation rights were previously reported as covering 12,665 shares at an exercise price of $50.63, but were adjusted to reflect the February 2018 stock split and April 2018 special dividend.
- [F2]The closing price of BF-A on April 30, 2018 was used to calculate the withholding obligation.
- [F3]To satisfy withholding obligations associated with the shares of Class B performance-based restricted stock that were issued in the February 2018 stock split and vested on April 30, 2018, the reporting person surrendered 97 shares of Class B common stock.
- [F4]The closing price of BF-B on April 30, 2018 was used to calculate the withholding obligation.
- [F5]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. Total has been updated to reflect the acquisition of 2,890 additional shares in the February 2018 stock split, including 306 shares of Class B common performance-based restricted stock issued in connection with the July 24, 2014 award of Class A common stock.
- [F6]Number of shares acquired through the issuer's dividend reinvestment plan as April 30, 2018, including shares acquired in the February 2018 stock split.
- [F7]These stock appreciation rights were previously reported as covering 10,934 shares at an exercise price of $45.985, but were adjusted to reflect the February 2018 stock split and April 2018 special dividend.
- [F8]These stock appreciation rights were previously reported as covering 11,282 shares at an exercise price of $51.125, but were adjusted to reflect the February 2018 stock split and April 2018 special dividend.
- [F9]These stock appreciation rights were previously reported as covering 15,014 shares at an exercise price of $49.005, but were adjusted to reflect the February 2018 stock split and April 2018 special dividend.