Home/Filings/4/0000014693-20-000120
4//SEC Filing

Brown George Garvin IV 4

Accession 0000014693-20-000120

CIK 0000014693other

Filed

Aug 2, 8:00 PM ET

Accepted

Aug 3, 5:37 PM ET

Size

422.3 KB

Accession

0000014693-20-000120

Insider Transaction Report

Form 4
Period: 2020-07-30
Transactions
  • Award

    Deferred Stock Units

    2020-07-30+4,959.5336,368.87 total
    Class A Common (4,959.53 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 30, 2020, were based on the closing price of the Company's Class A common stock on that date ($63.01). 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.