SEC Form 4 · accession 0000014693-16-000122
BROWN FORMAN CORP · BF-A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jane C Morreau
Officer — EVP, Chief Financial Officer
Period of report
Apr 30, 2016
Accepted (ET)
May 3, 2016 · 8:08 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 A CommonF1,F2,F3 | Apr 30, 2016 | F | 1,428 | $103.71 | D | 9,102 | D | |
| Class B Common | holding | — | — | — | 53 | D | ||
| Class B CommonF4 | holding | — | — | — | 2,895 | I | ESPP |
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 | $35.51 | holding | — | — | — | May 1, 2011 | Apr 30, 2018 | Class B Common | 7,131 | 7,131 | D |
| Stock Appreciation Right | $27.05 | holding | — | — | — | May 1, 2012 | Apr 30, 2019 | Class B Common | 11,463 | 11,463 | D |
| Stock Appreciation Right | $38.43 | holding | — | — | — | May 1, 2013 | Apr 30, 2020 | Class B Common | 12,590 | 12,590 | D |
| Stock Appreciation Right | $46.40 | holding | — | — | — | May 1, 2014 | Apr 30, 2021 | Class B Common | 14,365 | 14,365 | D |
| Stock Appreciation Right | $58.70 | holding | — | — | — | May 1, 2015 | Apr 30, 2022 | Class B Common | 11,098 | 11,098 | D |
| Stock Appreciation Right | $72.42 | holding | — | — | — | May 1, 2016 | Apr 30, 2023 | Class B Common | 9,266 | 9,266 | D |
| Stock Appreciation Right | $91.97 | holding | — | — | — | May 1, 2017 | Apr 30, 2024 | Class B Common | 13,425 | 13,425 | D |
| Stock Appreciation Right | $102.25 | holding | — | — | — | May 1, 2018 | Apr 30, 2025 | Class B Common | 13,379 | 13,379 | D |
Explanation of responses
- F1To satisfy withholding obligations associated with the July 26, 2012 grant of Class A common stock that vested on April 30, 2016, the reporting person surrendered 1,428 shares of Class A common stock.
- F2The closing price of BF-A ($103.71) on April 29, 2016 was used to calculate the withholding obligation.
- F3Total updated as of April 27, 2016 to reflect dividend reinvestment.
- F4Number of shares acquired through the issuer's employee stock purchase program as of April 27, 2016.