Home/Filings/4/0000014693-22-000050
4//SEC Filing

Bentel Matias 4

Accession 0000014693-22-000050

CIK 0000014693other

Filed

Jun 2, 8:00 PM ET

Accepted

Jun 3, 7:31 PM ET

Size

14.4 KB

Accession

0000014693-22-000050

Insider Transaction Report

Form 4
Period: 2022-06-01
Bentel Matias
SVP, Chief Brands Officer
Transactions
  • Tax Payment

    Class B Common

    2022-06-01$67.44/sh258$17,4003,142 total
  • Award

    Class B Common

    2022-06-01+8233,400 total
Holdings
  • Stock Appreciation Right

    Exercise: $39.20From: 2020-05-01Exp: 2027-04-30Class B Common (1,409 underlying)
    1,409
  • Stock Appreciation Right

    Exercise: $53.88From: 2022-05-01Exp: 2029-04-30Class B Common (4,935 underlying)
    4,935
  • Stock Appreciation Right

    Exercise: $68.24From: 2023-05-01Exp: 2030-04-30Class B Common (9,546 underlying)
    9,546
  • Stock Appreciation Right

    Exercise: $70.24From: 2024-05-01Exp: 2031-04-30Class B Common (11,530 underlying)
    11,530
  • Stock Appreciation Right

    Exercise: $53.24From: 2021-05-01Exp: 2028-04-30Class B Common (3,495 underlying)
    3,495
Footnotes (8)
  • [F1]These shares were issued on June 1, 2022, in connection with a July 25, 2019, award of performance-based restricted stock units. The award was subject to a three-year performance period, which ended April 30, 2022.
  • [F2]To satisfy withholding obligations associated with the July 25, 2019, award of performance-based restricted stock units that were issued as shares on June 1, 2022, the reporting person surrendered 258 shares of Class B common stock.
  • [F3]The closing price of BF-B on April 29, 2022, was used to calculate the withholding obligation.
  • [F4]These stock appreciation rights were previously reported as covering 1,389 shares at an exercise price of $39.757, but were adjusted to reflect the December 2021 special dividend.
  • [F5]These stock appreciation rights were previously reported as covering 3,446 shares at an exercise price of $54, but were adjusted to reflect the December 2021 special dividend.
  • [F6]These stock appreciation rights were previously reported as covering 4,865 shares at an exercise price of $54.64, but were adjusted to reflect the December 2021 special dividend.
  • [F7]These stock appreciation rights were previously reported as covering 9,412 shares at an exercise price of $69.21, but were adjusted to reflect the December 2021 special dividend.
  • [F8]These stock appreciation rights were previously reported as covering 11,368 shares at an exercise price of $71.24, but were adjusted to reflect the December 2021 special dividend.

Issuer

BROWN FORMAN CORP

CIK 0000014693

Entity typeother

Related Parties

1
  • filerCIK 0001797930

Filing Metadata

Form type
4
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 7:31 PM ET
Size
14.4 KB