BROWN FORMAN CORP 4
4 · BROWN FORMAN CORP · Filed May 4, 2015
Insider Transaction Report
Form 4
WELCH JAMES S JR
DirectorVice Chairman Strategy and HR
Transactions
- Tax Payment
Class A Common
2015-04-30$92.33/sh−3,149$290,747→ 38,755 total
Holdings
- 13,492
Stock Appreciation Right
Exercise: $34.95From: 2009-05-01Exp: 2016-04-30→ Class B Common (13,492 underlying) - 31,498
Stock Appreciation Right
Exercise: $43.10From: 2012-05-01Exp: 2019-04-30→ Class B Common (31,498 underlying) - 25,002
Class B Common
- 21,971
Stock Appreciation Right
Exercise: $35.51From: 2011-05-01Exp: 2018-04-30→ Class B Common (21,971 underlying) - 22,345
Stock Appreciation Right
Exercise: $46.40From: 2014-05-01Exp: 2021-04-30→ Class B Common (22,345 underlying) - 13,349
Stock Appreciation Right
Exercise: $91.97From: 2017-05-01Exp: 2024-04-30→ Class B Common (13,349 underlying) - 23,938
Stock Appreciation Right
Exercise: $33.76From: 2010-05-01Exp: 2017-04-30→ Class B Common (23,938 underlying) - 31,470
Stock Appreciation Right
Exercise: $38.43From: 2013-05-01Exp: 2020-04-30→ Class B Common (31,470 underlying) - 20,186
Stock Appreciation Right
Exercise: $58.70From: 2015-05-01Exp: 2022-04-30→ Class B Common (20,186 underlying) - 14,758
Stock Appreciation Right
Exercise: $72.42From: 2016-05-01Exp: 2023-04-30→ Class B Common (14,758 underlying)
Footnotes (2)
- [F1]To satisfy withholding obligations associated with the July 28, 2011 grant of Class A common stock that vested on April 30, 2015, the reporting person surrendered 3,149 shares of Class A common stock.
- [F2]The closing price of BF-A ($92.33) on April 30, 2015 was used to calculate the withholding obligation.