SEC Form 4 · accession 0001225208-15-011002
BROWN FORMAN CORP · BF-A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James S Welch Jr.
Officer — Vice Chairman Strategy and HR · Director
Period of report
Apr 30, 2015
Accepted (ET)
May 4, 2015 · 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 A CommonF1,F2 | Apr 30, 2015 | F | 3,149 | $92.33 | D | 38,755 | D | |
| Class B Common | holding | — | — | — | 25,002 | 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 Right | $34.95 | holding | — | — | — | May 1, 2009 | Apr 30, 2016 | Class B Common | 13,492 | 13,492 | D |
| Stock Appreciation Right | $33.76 | holding | — | — | — | May 1, 2010 | Apr 30, 2017 | Class B Common | 23,938 | 23,938 | D |
| Stock Appreciation Right | $35.51 | holding | — | — | — | May 1, 2011 | Apr 30, 2018 | Class B Common | 21,971 | 21,971 | D |
| Stock Appreciation Right | $43.10 | holding | — | — | — | May 1, 2012 | Apr 30, 2019 | Class B Common | 31,498 | 31,498 | D |
| Stock Appreciation Right | $38.43 | holding | — | — | — | May 1, 2013 | Apr 30, 2020 | Class B Common | 31,470 | 31,470 | D |
| Stock Appreciation Right | $46.40 | holding | — | — | — | May 1, 2014 | Apr 30, 2021 | Class B Common | 22,345 | 22,345 | D |
| Stock Appreciation Right | $58.70 | holding | — | — | — | May 1, 2015 | Apr 30, 2022 | Class B Common | 20,186 | 20,186 | D |
| Stock Appreciation Right | $72.42 | holding | — | — | — | May 1, 2016 | Apr 30, 2023 | Class B Common | 14,758 | 14,758 | D |
| Stock Appreciation Right | $91.97 | holding | — | — | — | May 1, 2017 | Apr 30, 2024 | Class B Common | 13,349 | 13,349 | D |
Explanation of responses
- F1To satisfy withholding obligations associated with the July 28, 2011 grant of Class A common stock that vested on April 30, 2015, the reporting person surrendered 3,149 shares of Class A common stock.
- F2The closing price of BF-A ($92.33) on April 30, 2015 was used to calculate the withholding obligation.