McCallum Mark I 4
4 · BROWN FORMAN CORP · Filed Sep 13, 2019
Insider Transaction Report
Form 4
BROWN FORMAN CORPBFA, BFB
McCallum Mark I
Executive VP, COO
Transactions
- Exercise/Conversion
Class B Common
2019-09-12$18.22/sh+58,947$1,073,837→ 86,051 total - Exercise/Conversion
Stock Appreciation Right
2019-09-12−58,947→ 0 totalExercise: $18.22From: 2014-05-01Exp: 2021-04-30→ Class B Common (58,947 underlying) - Exercise/Conversion
Stock Appreciation Right
2019-09-12−63,316→ 0 totalExercise: $23.05From: 2015-05-01Exp: 2022-04-30→ Class B Common (63,316 underlying) - Sale
Class B Common
2019-09-12$65.61/sh−44,577$2,924,474→ 27,104 total - Tax Payment
Class B Common
2019-09-12$65.18/sh−77,686$5,063,573→ 71,681 total - Exercise/Conversion
Class B Common
2019-09-12$23.05/sh+63,316$1,459,244→ 149,367 total
Footnotes (2)
- [F1]The closing price of BF-B on September 11, 2019 was used to calculate the withholding obligation.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.41 to $65.79 inclusive. The reporting person undertakes to provide to Brown-Forman Corporation, any security holder of Brown-Forman Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.