SEC Form 4 · accession 0000014693-17-000049
BROWN FORMAN CORP · BF-A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Garvin Brown IV
Director
Period of report
Apr 3, 2017
Accepted (ET)
Apr 4, 2017 · 4:58 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 CommonF2 | Apr 3, 2017 | J | 20,053 | $46.365 | D | 534,392 | D | |
| Class B CommonF2 | Apr 3, 2017 | J | 2,800 | $46.365 | A | 37,636 | I | 2010 GRAT |
| Class B CommonF2 | Apr 3, 2017 | J | 17,253 | $46.365 | A | 17,253 | I | 2012 GRAT |
| Class B CommonF3 | holding | — | — | — | 26,159 | I | By 401k | |
| Class B Common | holding | — | — | — | 7,390 | I | Crummey Trust | |
| Class B Common | holding | — | — | — | 156,600 | I | GGB4 2010#2 LLC | |
| Class B Common | holding | — | — | — | 510,337 | I | GGB4 2012 LP | |
| Class B Common | holding | — | — | — | 5,946 | I | Spouse's trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On April 3, 2017, the reporting person exchanged Class B shares for cash held by two GRATs. The reporting person disclaims beneficial ownership of the shares held by the GRATs except to the extent of his pecuniary interest therein.
- F2The mean price of the issuer's Class B common stock as of March 31, 2017 ($46.365) was used to value the transactions.
- F3Number of shares acquired through the issuer's 401(k) plan as of March 27, 2017.