SEC Form 4 · accession 0000014693-16-000245

BROWN FORMAN CORP · BF-A

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

Reporting owner

Matthew E Hamel

Officer — EVP, Gen Counsel and Secretary

Period of report

Oct 31, 2016

Accepted (ET)

Nov 2, 2016 · 4:48 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^F1	Oct 31, 2016	M	7,600	$16.825	A	13,702	D
Class B Common^F2	Oct 31, 2016	F	5,197	$46.03	D	8,505	D
Class A Common^F3	holding	—	—		—	22,482	D
Class A Common^F4	holding	—	—		—	0	I	DRIP
Class B Common^F5	holding	—	—		—	65	I	ESPP
Class B Common^F6	holding	—	—		—	10,847	I	By 401k

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^F7	$16.825	Oct 31, 2016	M	7,600	D	May 1, 2010	Apr 30, 2017	Class B Common	7,600	15,118	D
Stock Appreciation Right^F8	$17.755	holding	—	—	—	May 1, 2011	Apr 30, 2018	Class B Common	29,294	29,294	D
Stock Appreciation Right^F9	$13.525	holding	—	—	—	May 1, 2012	Apr 30, 2019	Class B Common	59,996	59,996	D
Stock Appreciation Right^F10	$19.215	holding	—	—	—	May 1, 2013	Apr 30, 2020	Class B Common	50,354	50,354	D
Stock Appreciation Right^F11	$23.20	holding	—	—	—	May 1, 2014	Apr 30, 2021	Class B Common	47,884	47,884	D
Stock Appreciation Right^F12	$29.35	holding	—	—	—	May 1, 2015	Apr 30, 2022	Class B Common	44,390	44,390	D
Stock Appreciation Right^F13	$36.21	holding	—	—	—	May 1, 2016	Apr 30, 2023	Class B Common	33,694	33,694	D
Stock Appreciation Right^F14	$45.985	holding	—	—	—	May 1, 2017	Apr 30, 2024	Class B Common	26,444	26,444	D
Stock Appreciation Right^F15	$51.125	holding	—	—	—	May 1, 2018	Apr 30, 2025	Class B Common	30,168	30,168	D
Stock Appreciation Right^F16	$49.005	holding	—	—	—	May 1, 2019	Apr 30, 2026	Class B Common	44,344	44,344	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 2,983 additonal shares. Total also updated to correct prior reporting error.
F10These stock appreciation rights were previously reported as covering 25,177 shares at an exercise price of $38.43, but were adjusted to reflect the August 2016 stock split.
F11These stock appreciation rights were previously reported as covering 23,942 shares at an exercise price of $46.40, but were adjusted to reflect the August 2016 stock split.
F12These stock appreciation rights were previously reported as covering 22,195 shares at an exercise price of $58.70, but were adjusted to reflect the August 2016 stock split.
F13These stock appreciation rights were previously reported as covering 16,847 shares at an exercise price of $72.42, but were adjusted to reflect the August 2016 stock split.
F14These stock appreciation rights were previously reported as covering 13,222 shares at an exercise price of $91.97, but were adjusted to reflect the August 2016 stock split.
F15These stock appreciation rights were previously reported as covering 15,084 shares at an exercise price of $102.25, but were adjusted to reflect the August 2016 stock split.
F16These stock appreciation rights were previously reported as covering 22,172 shares at an exercise price of $98.01, but were adjusted to reflect the August 2016 stock split.
F2The closing price of BF-B on October 28, 2016 was used to calculate the withholding obligation.
F3Reflects the acquisition of 10,633 additional shares in the August 2016 stock split and the transfer of 1,216 shares on August 23, 2016, from dividend reinvestment holdings to direct holdings.
F4Number of shares acquired through the issuer's dividend reinvestment plan as of October 6, 2016, including additional shares issued in the August 2016 stock split. Also updated to reflect the transfer of 1,216 shares on August 23, 2016, from dividend reinvestment holdings to direct holdings.
F5Number of shares acquired through the issuer's employee stock purchase program as of October 17, 2016, including additional shares issued in the August 2016 stock split. Total also updated to correct prior reporting error.
F6Number of shares acquired through the issuer's 401(k) plan as of October 31, 2016, including additional shares issued in the August 2016 stock split.
F7These stock appreciation rights were previously reported as covering 11,359 shares at an exercise price of $33.65, but were adjusted to reflect the August 2016 stock split.
F8These stock appreciation rights were previously reported as covering 14,647 shares at an exercise price of $35.51, but were adjusted to reflect the August 2016 stock split.
F9These stock appreciation rights were previously reported as covering 29,998 shares at an exercise price of $27.05, but were adjusted to reflect the August 2016 stock split.