SEC Form 4 · accession 0000014693-17-000057
BROWN FORMAN CORP · BF-A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian P Fitzgerald
Officer — SVP, Chief Accounting Officer
Period of report
Apr 27, 2017
Accepted (ET)
May 1, 2017 · 6:48 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 CommonF1 | Apr 27, 2017 | M | 5,274 | $16.88 | A | 6,662 | D | |
| Class B CommonF2 | Apr 27, 2017 | F | 3,128 | $46.76 | D | 3,534 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF3 | $16.88 | Apr 27, 2017 | M | 5,274 | D | May 1, 2010 | Apr 30, 2017 | Class B Common | 5,274 | 0 | D |
| Stock Appreciation RightF4 | $17.755 | holding | — | — | — | May 1, 2011 | Apr 30, 2018 | Class B Common | 4,844 | 4,844 | D |
| Stock Appreciation RightF5 | $13.525 | holding | — | — | — | May 1, 2012 | Apr 30, 2019 | Class B Common | 9,456 | 9,456 | D |
| Stock Appreciation RightF6 | $19.215 | holding | — | — | — | May 1, 2013 | Apr 30, 2020 | Class B Common | 7,938 | 7,938 | D |
| Stock Appreciation RightF7 | $23.20 | holding | — | — | — | May 1, 2014 | Apr 30, 2021 | Class B Common | 7,478 | 7,478 | D |
| Stock Appreciation RightF8 | $29.35 | holding | — | — | — | May 1, 2015 | Apr 30, 2022 | Class B Common | 6,948 | 6,948 | D |
| Stock Appreciation RightF9 | $36.21 | holding | — | — | — | May 1, 2016 | Apr 30, 2023 | Class B Common | 11,524 | 11,524 | D |
| Stock Appreciation RightF10 | $45.985 | holding | — | — | — | May 1, 2017 | Apr 30, 2024 | Class B Common | 8,892 | 8,892 | D |
| Stock Appreciation RightF11 | $51.125 | holding | — | — | — | May 1, 2018 | Apr 30, 2025 | Class B Common | 10,428 | 10,428 | D |
| Stock Appreciation RightF12 | $49.005 | holding | — | — | — | May 1, 2019 | Apr 30, 2026 | Class B Common | 14,256 | 14,256 | D |
Explanation of responses
- F1In August 2016, the Class A and Class B common stock of Brown-Forman Corporation split 2-1, resulting in the reporting person's acquisition of 694 additional shares.
- F10These stock appreciation rights were previously reported as covering 4,446 shares at an exercise price of $91.97, but were adjusted to reflect the August 2016 stock split.
- F11These stock appreciation rights were previously reported as covering 5,214 shares at an exercise price of $102.25, but were adjusted to reflect the August 2016 stock split.
- F12These stock appreciation rights were previously reported as covering 7,128 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 April 26, 2017 was used to calculate the withholding obligation.
- F3These stock appreciation rights were previously reported as covering 2,637 shares at an exercise price of $33.76, but were adjusted to reflect the August 2016 stock split.
- F4These stock appreciation rights were previously reported as covering 2,422 shares at an exercise price of $35.51, but were adjusted to reflect the August 2016 stock split.
- F5These stock appreciation rights were previously reported as covering 4,728 shares at an exercise price of $27.05, but were adjusted to reflect the August 2016 stock split.
- F6These stock appreciation rights were previously reported as covering 3,969 shares at an exercise price of $38.43, but were adjusted to reflect the August 2016 stock split.
- F7These stock appreciation rights were previously reported as covering 3,739 shares at an exercise price of $46.40, but were adjusted to reflect the August 2016 stock split.
- F8These stock appreciation rights were previously reported as covering 3,474 shares at an exercise price of $58.70, but were adjusted to reflect the August 2016 stock split.
- F9These stock appreciation rights were previously reported as covering 5,762 shares at an exercise price of $72.42, but were adjusted to reflect the August 2016 stock split.