SEC Form 4 · accession 0000014693-16-000241

BROWN FORMAN CORP · BF-A

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

J McCauley Brown

10% Owner

Period of report

Oct 11, 2016

Accepted (ET)

Oct 13, 2016 · 4:21 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 Common^F3	Oct 11, 2016	J	25,000	$48.93	A	1,961,790	I	By Brown Ventures, LLC
Class B Common^F14	Oct 11, 2016	J	26,211	$46.67	D	102,751	I	By Brown Ventures, LLC
Class A Common^F1	holding	—	—		—	9,204	D
Class A Common^F4	holding	—	—		—	363,880	I	By JMB Irrev Trust
Class A Common^F5	holding	—	—		—	434	I	By Spouse
Class A Common^F6	holding	—	—		—	353,796	I	By MAE LLC
Class A Common^F7	holding	—	—		—	101,408	I	By Spouse Irrev Trust
Class A Common^F8	holding	—	—		—	7,850	I	By Spray Trust
Class A Common^F9	holding	—	—		—	2,000	I	Crummey Trust
Class A Common^F10	holding	—	—		—	193,396	I	Spouse GRAT
Class A Common^F11	holding	—	—		—	31,990	I	Williams Trust
Class A Common^F12	holding	—	—		—	22,920	I	By IRA
Class B Common^F13	holding	—	—		—	123,284	D
Class B Common^F15	holding	—	—		—	27,690	I	by IRA
Class B Common^F16	holding	—	—		—	2,040	I	Williams Trust
Class B Common^F17	holding	—	—		—	22,628	I	By Spouse

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F18,F19	—	holding	—	—	—	Apr 30, 2017	—	Class B Common	424	424	D
Restricted Stock Units^F18,F20	—	holding	—	—	—	Apr 30, 2018	—	Class B Common	342	342	D
Restricted Stock Units^F18,F21	—	holding	—	—	—	Apr 30, 2019	—	Class B Common	316	316	D

Explanation of responses

F1On August 18, 2016, the Class A and Class B common stock of Brown-Forman Corporation split 2-1, resulting in the reporting person's acquisition of 16,062 additonal shares. Total also updated to reflect that 22,920 shares previously reported as directly held are actually held by IRA.
F10Reflects the acquisition of 96,698 additional shares in the August 2016 stock split.
F11Reflects the acquisition of 15,995 additional shares in the August 2016 stock split.
F12Total updated to reflect that 22,920 shares previously reported as directly held are actually held by IRA.
F13Reflects acquisition of 66,634 additional shares in the August 2016 stock split. Total has also been updated to reflect that 10,000 Class B shares previously reported as directly held are actually held by IRA, and to correct a prior mathematical error.
F14Reflects the acquisition of 64,481 additional shares in the August 2016 stock split.
F15Reflects acquisition of 8,841.5903 additional shares in the August 2016 stock split. Total has also been updated to reflect that 10,000 Class B shares previously reported as directly held are actually held by IRA, and to correct a prior mathematical error.
F16Reflects the acquisition of 1,020 additional shares in the August 2016 stock split.
F17Reflects the acquisition of 11,314 additional shares in the August 2016 stock split. Holding erroneously omitted from last form filed.
F18Each Restricted Stock Unit represents a contingent right to receive one share of Brown-Forman Class B common stock.
F19Total reflects the acquisition of 212 additional Restricted Stock Units in the August 2016 stock split. The Restricted Stock Units were granted on July 25, 2013, and vest April 30, 2017.
F2On October 11, 2016, Brown Ventures, LLC exchanged 26,211 Class B shares for 25,000 Class A shares held by a relative of the filing person. The closing prices on October 6, 2016 ($48.93 for Class A and $46.67 for Class B) were used to value the transaction.
F20Total reflects the acquisition of 171 additional Restricted Stock Units in the August 2016 stock split. The Restricted Stock Units were granted on July 24, 2014, and vest April 30, 2018.
F21Total reflects the acquisition of 158 additional Restricted Stock Units in the August 2016 stock split. The Restricted Stock Units were granted on July 23, 2015, and vest April 30, 2019.
F3Reflects the acquisition of 968,395 additional shares in the August 2016 stock split.
F4Reflects the acquisition of 181,940 additional shares in the August 2016 stock split.
F5Reflects the acquisition of 217 additional shares in the August 2016 stock split.
F6Reflects the acquisition of 176,898 additional shares in the August 2016 stock split.
F7Reflects the acquisition of 50,704 additional shares in the August 2016 stock split.
F8Reflects the acquisition of 3,925 additional shares in the August 2016 stock split.
F9Reflects the acquisition of 1,000 additional shares in the August 2016 stock split.