SEC Form 4 · accession 0000014693-16-000209
BROWN FORMAN CORP · BF-A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John D. Cook
Director
Period of report
Jul 28, 2016
Accepted (ET)
Aug 1, 2016 · 2:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000014693
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1,F2 | — | Jul 28, 2016 | A | 1,760 | A | — | — | Class A Common | 1,760 | 7,779 | D |
| Deferred Stock UnitsF3,F4 | — | holding | — | — | — | — | — | Class B Common | 5,184 | 5,184 | D |
| Stock Appreciation Right | $36.16 | holding | — | — | — | Sep 25, 2008 | Apr 30, 2018 | Class B Common | 4,516 | 4,516 | D |
| Stock Appreciation Right | $27.05 | holding | — | — | — | Jul 23, 2009 | Apr 30, 2019 | Class B Common | 12,451 | 12,451 | D |
| Stock Appreciation Right | $38.43 | holding | — | — | — | Jul 22, 2010 | Apr 30, 2020 | Class B Common | 4,785 | 4,785 | D |
Explanation of responses
- F1Under 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. Grants made on July 28, 2016, were based on the closing price of the Company's Class A common stock on that date ($105.14). On each dividend payment date, participants are credited with DSU equivalents, and the DSU total on this form has been updated to reflect such credits.
- F2Annual 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.
- F3Under 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, and the DSU total on this form has been updated to reflect such credits.
- F4Annual 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.