SEC Form 4 · accession 0000014693-16-000100
BROWN FORMAN CORP · BF-A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin S Brown Jr.
Director
Period of report
Apr 14, 2016
Accepted (ET)
Apr 15, 2016 · 5:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000014693
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common | Apr 14, 2016 | M | 4,819 | $34.95 | A | 5,177 | D | |
| Class B CommonF1 | Apr 14, 2016 | F | 1,773 | $95.04 | D | 3,404 | D | |
| Class A Common | holding | — | — | — | 259,473 | D | ||
| Class B Common | holding | — | — | — | 42,556 | I | Atkinson Hill LLC | |
| Class A Common | holding | — | — | — | 45 | I | By Spouse | |
| Class B Common | holding | — | — | — | 10 | I | By Spouse | |
| Class B Common | holding | — | — | — | 25,146 | I | By Trust | |
| Class A Common | holding | — | — | — | 2,250 | I | Trust fbo Children | |
| Class B Common | holding | — | — | — | 562 | I | Trust fbo Children | |
| Class A Common | holding | — | — | — | 8,262 | I | UTMA f/b/o Child-1 | |
| Class B Common | holding | — | — | — | 3,753 | I | UTMA f/b/o Child-1 | |
| Class A Common | holding | — | — | — | 2,523 | I | UTMA f/b/o Child-2 | |
| Class B Common | holding | — | — | — | 1,192 | I | UTMA f/b/o Child-2 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Right | $34.95 | Apr 14, 2016 | M | 4,819 | D | Jul 27, 2006 | Apr 30, 2016 | Class B Common | 4,819 | 0 | D |
| Deferred Stock UnitsF2,F3 | — | holding | — | — | — | — | — | Class B Common | 1,691 | 1,691 | D |
| Stock Appreciation Right | $27.05 | holding | — | — | — | Jul 23, 2009 | Apr 30, 2019 | Class B Common | 6,752 | 6,752 | D |
| Stock Appreciation Right | $35.51 | holding | — | — | — | Jul 24, 2008 | Apr 30, 2018 | Class B Common | 5,495 | 5,495 | D |
| Stock Appreciation Right | $33.7659 | holding | — | — | — | Jul 26, 2007 | Apr 30, 2017 | Class B Common | 5,987 | 5,987 | D |
Explanation of responses
- F1The closing price of BF-B ($95.04) on April 13, 2016 was used to calculate the withholding obligation.
- F2Each deferred stock unit represents a contingent right to receive one share of Brown-Forman Class B common stock.
- F3The deferred stock units vest over the course of the Board year. Vested shares will be delivered to the reporting person on the first February 1st that is at least 6 months following the Director's termination from Board service.