4//SEC Filing
Brown George Garvin IV 4
Accession 0000014693-18-000049
CIK 0000014693other
Filed
May 1, 8:00 PM ET
Accepted
May 2, 8:24 PM ET
Size
24.9 KB
Accession
0000014693-18-000049
Insider Transaction Report
Form 4
BROWN FORMAN CORPBFA, BFB
Brown George Garvin IV
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2018-05-01−8,726→ 0 totalFrom: 2018-05-01→ Class B Common (8,726 underlying) - Exercise/Conversion
Class B Common
2018-04-30+8,726→ 747,278 total - Tax Payment
Class B Common
2018-04-30$56.04/sh−2,323$130,181→ 738,552 total - Tax Payment
Class B Common
2018-04-30$56.04/sh−3,980$223,039→ 743,298 total - Exercise/Conversion
Stock Appreciation Right
2018-04-30−3,928→ 0 totalExercise: $13.94From: 2011-05-01Exp: 2018-04-30→ Class B Common (3,928 underlying) - Exercise/Conversion
Class B Common
2018-04-30$13.94/sh+3,928$54,764→ 740,875 total
Holdings
- 52,140(indirect: 2010 GRAT)
Class B Common
- 195,998(indirect: By LLC)
Class B Common
- 73,794(indirect: 2012 GRAT)
Class B Common
- 11,935(indirect: By Trust)
Class B Common
- 5,810(indirect: GGB IV CLAT)
Class B Common
- 23,812(indirect: Sullivan Street Partners)
Class B Common
- 968
Restricted Stock Units
From: 2019-05-01→ Class B Common (968 underlying) - 13,197(indirect: By Trust)
Class B Common
- 1,178,039(indirect: GGB4 2012 LP)
Class B Common
- 12,007
Stock Appreciation Right
Exercise: $10.62From: 2012-05-01Exp: 2019-04-30→ Class B Common (12,007 underlying) - 264,777(indirect: GGB4 2010 #1 LP)
Class B Common
Footnotes (16)
- [F1]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 169,794 additional shares in the February 2018 stock split. Additionally, total has been updated to include 26,361 Class B shares previously held in a 401(k) account but transferred to direct holdings before the stock split.
- [F10]These shares were received in the February 2018 stock split.
- [F11]These stock appreciation rights were previously reported as covering 3,084 shares at an exercise price of $17.755, but were adjusted to reflect the February 2018 stock split and April 2018 special dividend.
- [F12]Each restricted stock unit represents a contingent right to receive one share of Brown-Forman Class B common stock.
- [F13]The restricted stock units were granted on July 24, 2014, and vested April 30, 2018.
- [F14]These stock appreciation rights were previously reported as covering 9,428 shares at an exercise price of $13.525, but were adjusted to reflect the February 2018 stock split and April 2018 special dividend.
- [F15]The restricted stock units were granted on July 23, 2015, and vest April 30, 2019.
- [F16]Updated to reflect the February 2018 stock split.
- [F2]The closing price of BF-B on April 27, 2018 was used to calculate the withholding obligation.
- [F3]The closing price of BF-B on April 30, 2018 was used to calculate the withholding obligation.
- [F4]Total has been updated to reflect the acquisition of 14,504 additional shares in the February 2018 stock split.
- [F5]Total has been updated to reflect the acquisition of 56,541 additional shares in the February 2018 stock split.
- [F6]Total has been updated to reflect the acquisition of 5,807 additional shares in the February 2018 stock split.
- [F7]Total has been updated to reflect the acquisition of 39,398 additional shares in the February 2018 stock split.
- [F8]Total has been updated to reflect the acquisition of 667,702 additional shares in the February 2018 stock split.
- [F9]Total has been updated to reflect the acquisition of 5,989 additional shares in the February 2018 stock split.
Documents
Issuer
BROWN FORMAN CORP
CIK 0000014693
Entity typeother
Related Parties
1- filerCIK 0001362478
Filing Metadata
- Form type
- 4
- Filed
- May 1, 8:00 PM ET
- Accepted
- May 2, 8:24 PM ET
- Size
- 24.9 KB