SEC Form 4 · accession 0000014693-16-000243
BROWN FORMAN CORP · BF-A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lisa P Steiner
Officer — SVP, Chief of Staff
Period of report
Oct 14, 2016
Accepted (ET)
Oct 18, 2016 · 4:40 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 CommonF1 | Oct 14, 2016 | S | 10,510 | $45.30 | D | 0 | D | |
| Class A CommonF2 | holding | — | — | — | 15,292 | D | ||
| Class A CommonF3 | holding | — | — | — | 1,491 | I | DRIP | |
| Class B CommonF3 | holding | — | — | — | 254 | I | DRIP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF5,F4 | $36.21 | holding | — | — | — | May 1, 2016 | Apr 30, 2023 | Class B Common | 13,478 | 13,478 | D |
| Stock Appreciation RightF6,F4 | $45.985 | holding | — | — | — | May 1, 2017 | Apr 30, 2024 | Class B Common | 10,934 | 10,934 | D |
| Stock Appreciation RightF7,F4 | $51.125 | holding | — | — | — | May 1, 2018 | Apr 30, 2025 | Class B Common | 11,282 | 11,282 | D |
| Stock Appreciation RightF8,F4 | $49.005 | holding | — | — | — | May 1, 2019 | Apr 30, 2026 | Class B Common | 15,014 | 15,014 | D |
Explanation of responses
- F1Reflects the acquisition of additional shares in the August 2016 stock split. Total also updated to correct prior reporting error.
- F2On 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 7,646 additonal shares.
- F3Number of shares acquired through the issuer's dividend reinvestment plan as of October 17, 2016, including additional shares issued in the August 2016 stock split.
- F4Exercise price adjusted as a result of the August 2016 stock split.
- F5Reflects the acquisition of 6,739 additional SSARs in the August 2016 stock split.
- F6Reflects the acquisition of 5,467 additional SSARs in the August 2016 stock split.
- F7Reflects the acquisition of 5,641 additional SSARs in the August 2016 stock split.
- F8Reflects the acquisition of 7,507 additional SSARs in the August 2016 stock split.