BROWN FORMAN CORP 4

Accession 0001225208-14-008586

$BF-ACIK 0000014693operating

View on SEC.gov Company Profile

Filed

Mar 18, 8:00 PM ET

Accepted

Mar 19, 4:58 PM ET

Size

24.3 KB

Accession

0001225208-14-008586

Insider Transaction Report

Form 4

Period: 2014-03-18

BROWN FORMAN CORPBF'B

STUBBS DACE BROWN

Director

Transactions

Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2014-03-18−4,867→ 0 total
Exercise: $22.49From: 2004-07-22Exp: 2014-04-30→ Class B Common (4,867 underlying)
Exercise/Conversion
Class B Common
2014-03-18$22.49/sh+4,867$109,459→ 306,896.5 total
Tax Payment
Class B Common
2014-03-18$88.36/sh−1,239$109,478→ 305,657.5 total
Sale
Class B Common
2014-03-19$89.37/sh−3,628$324,226→ 302,029.5 total

Holdings

Class A Common
(indirect: By Trust)
1,758.7
Class A Common
(indirect: Log House 2011 LP)
3,882,267
Class A Common
(indirect: By Partnership)
235,495
Class B Common
(indirect: By Partnership)
175,000
Stock Appreciation Right
Exercise: $27.05From: 2009-07-23Exp: 2019-04-30→ Class B Common (6,752 underlying)
6,752
Stock Appreciation Right
Exercise: $33.76From: 2007-07-26Exp: 2017-04-30→ Class B Common (5,987 underlying)
5,987
Class A Common
101,409.7
Class A Common
(indirect: By Trust)
2,379.1
Class B Common
(indirect: Log House 2011 LP)
577,566
Deferred Stock Units
→ Class B Common (3,331.37 underlying)
3,331.37
Stock Appreciation Right
Exercise: $35.51From: 2008-07-24Exp: 2018-04-30→ Class B Common (5,495 underlying)
5,495
Stock Appreciation Right
Exercise: $34.95From: 2006-07-27Exp: 2016-04-30→ Class B Common (4,819 underlying)
4,819
Deferred Stock Units
→ Class A Common (1,181.47 underlying)
1,181.47
Stock Appreciation Right
Exercise: $28.58From: 2005-07-28Exp: 2015-04-30→ Class B Common (5,658 underlying)
5,658

Footnotes (6)

[F1]The closing price of BF-B $88.36 on March 17, 2014 was used to calculate the tax withholding obligation.
[F2]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $89.20 to $89.626193, 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 purchased at each separate price within the range set forth in footnote 2 to this Form 4.
[F3]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. On each dividend payment date, participants are credited with DSU equivalents.
[F4]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.
[F5]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 B common stock. On each dividend payment date, participants are credited with DSU equivalents.
[F6]Annual grants of DSUs vest over the course of the Board year. DSUs are paid out in class B common stock on the first February 1 that is at least six months following the Director's termination from Board service.

Documents

1 file

4
doc4.xmlPrimary

Issuer

BROWN FORMAN CORP

CIK 0000014693

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0000014693

Filing Metadata

Form type: 4
Filed: Mar 18, 8:00 PM ET
Accepted: Mar 19, 4:58 PM ET
Size: 24.3 KB

View on SEC.gov