SEC Form 4 · accession 0000014693-18-000008
BROWN FORMAN CORP · BF-A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kirsten M Hawley
Officer — SVP, Chief HR Officer
Period of report
Jan 5, 2018
Accepted (ET)
Jan 9, 2018 · 2:33 pm EST
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 | Jan 5, 2018 | M | 3,920 | $29.35 | A | 5,906 | D | |
| Class B Common | Jan 5, 2018 | M | 5,036 | $36.21 | A | 10,942 | D | |
| Class B Common | Jan 5, 2018 | M | 4,446 | $45.985 | A | 15,388 | D | |
| Class B CommonF1 | Jan 5, 2018 | F | 9,593 | $68.11 | D | 5,795 | D | |
| Class B CommonF2 | Jan 5, 2018 | S | 3,809 | $67.8249 | D | 1,986 | D | |
| Class B CommonF3 | holding | — | — | — | 4,083 | 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 | $29.35 | Jan 5, 2018 | M | 3,920 | D | May 1, 2015 | Apr 30, 2022 | Class B Common | 3,920 | 0 | D |
| Stock Appreciation Right | $36.21 | Jan 5, 2018 | M | 5,036 | D | May 1, 2016 | Apr 30, 2023 | Class B Common | 5,036 | 0 | D |
| Stock Appreciation Right | $45.985 | Jan 5, 2018 | M | 4,446 | D | May 1, 2017 | Apr 30, 2024 | Class B Common | 4,446 | 0 | D |
Explanation of responses
- F1The closing price of BF-B on January 4, 2018 was used to calculate the withholding obligation.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.821 to $67.845, inclusive. The reporting person undertakes to provide to Brown-Forman Corporation, any security holder of Brown-Forman Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3Number of shares acquired through the issuer's 401(k) plan as of January 5, 2018.