Shepherd Jeremy J 4
4 · BROWN FORMAN CORP · Filed Mar 29, 2023
Insider Transaction Report
Form 4
BROWN FORMAN CORPBFA, BFB
Shepherd Jeremy J
EVP, Chief Marketing
Transactions
- Exercise/Conversion
Class B Common
2023-03-28$28.03/sh+1,683$47,181→ 4,405 total - Sale
Class B Common
2023-03-28$63.16/sh−473$29,876→ 2,722 total - Tax Payment
Class B Common
2023-03-28$63.06/sh−1,210$76,303→ 3,195 total - Exercise/Conversion
Stock Appreciation Right
2023-03-28−1,683→ 0 totalExercise: $28.03From: 2016-05-01Exp: 2023-04-30→ Class B Common (1,683 underlying)
Footnotes (2)
- [F1]The closing price of BF-B on March 27, 2023, 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 $63.1604 to $63.18, 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.