SEC Form 4 · accession 0000014693-18-000067
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
Jun 1, 2018
Accepted (ET)
Jun 5, 2018 · 7:09 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 A CommonF1 | Jun 1, 2018 | A | 4,057 | $0.00 | A | 26,714 | D | |
| Class B CommonF1 | Jun 1, 2018 | A | 1,014 | $0.00 | A | 40,388 | D | |
| Class A CommonF2 | holding | — | — | — | 0 | I | DRIP | |
| Class B CommonF3 | holding | — | — | — | 0 | I | DRIP | |
| Class B CommonF4 | holding | — | — | — | 15,515 | I | By 401k | |
| Class B CommonF5 | holding | — | — | — | 1,704 | I | ESPP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were issued on June 1, 2018, in connection with a July 23, 2015 award of performance-based restricted stock. The award, initially determined as a cash value, was subject to a three-year performance period, which ended April 30, 2018. The number of Class A and Class B shares issued was determined by multiplying the cash value of the award by a three-year performance adjustment factor, dividing the amount by $111.30, which was the closing price of the issuer's Class A common stock on the date of the grant, and then adjusting for subsequent stock splits and dividends during the performance period.
- F2Number of shares acquired through the issuer's dividend reinvestment plan as of June 5, 2018.
- F3These shares were acquired with the February 2018 stock split.
- F4Number of shares acquired through the issuer's 401(k) plan as of June 5, 2018.
- F5Number of shares acquired through the issuer's employee stock purchase program as of June 5, 2018.