Home/Filings/4/0000014693-19-000147
4//SEC Filing

RONEY MICHAEL J 4

Accession 0000014693-19-000147

CIK 0000014693other

Filed

Jul 28, 8:00 PM ET

Accepted

Jul 29, 6:00 PM ET

Size

413.3 KB

Accession

0000014693-19-000147

Insider Transaction Report

Form 4
Period: 2019-07-25
Transactions
  • Award

    Deferred Stock Units

    2019-07-25+2,530.93420,866.998 total
    Class A Common (2,530.934 underlying)
Footnotes (2)
  • [F1]Under the Brown-Forman Corporation Non-Employee Director Deferred Stock Unit Program, each DSU represents the right to receive one share of the Company's Class A common stock. Grants made on July 25, 2019, were based on the closing price of the Company's Class A common stock on that date ($53.34). On each dividend payment date, participants are credited with DSU equivalents, and the DSU total on this form has been updated to reflect such credits.
  • [F2]Annual grants of DSUs vest over the course of the Board year. DSUs are paid out in Class A common stock on the first February 1 that is at least six months following the Director's termination from Board service.