SEC Form 4 · accession 0001225208-15-015889
BROWN FORMAN CORP · BF-A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John D. Cook
Director
Period of report
Jul 23, 2015
Accepted (ET)
Jul 27, 2015 · 8:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000014693
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1,F2 | — | Jul 23, 2015 | A | 1,572 | A | — | — | Class A Common | 1,572 | 5,965 | D |
| Deferred Stock UnitsF3,F4 | — | holding | — | — | — | — | — | Class B Common | 5,133 | 5,133 | D |
| Stock Appreciation Right | $61.24 | holding | — | — | — | Jul 22, 2010 | Apr 30, 2020 | Class B Common | 3,002 | 3,002 | D |
| Stock Appreciation Right | $43.10 | holding | — | — | — | Jul 23, 2009 | Apr 30, 2019 | Class B Common | 7,812 | 7,812 | D |
| Stock Appreciation Right | $57.61 | holding | — | — | — | Sep 25, 2008 | Apr 30, 2018 | Class B Common | 2,833 | 2,833 | D |
Explanation of responses
- F1Under the Brown-Forman Corporation Non-Employee Director Deferred Stock Unit Program each DSU represents the right to receive one share of the Company's Class A common stock. Grants made on July 23, 2015, were based on the closing price of the Company's Class A common stock on that date ($111.30). On each dividend payment date, participants are credited with DSU equivalents, and the DSU totals on this form have been updated to reflect such credits.
- F2Annual grants of DSUs vest over the course of the Board year. DSUs are paid out in Class A common stock on the first February 1 that is at least six months following the Director's termination from Board service.
- F3Under the Brown-Forman Corporation Non-Employee Director Deferred Stock Unit Program each DSU represents the right to receive one share of the Company's Class B common stock. On each dividend payment date, participants are credited with DSU equivalents, and the DSU totals have been updated to reflect such credits, and the DSU totals on this form have been updated to reflect such credits.
- F4Annual grants of DSUs vest over the course of the Board year. DSUs are paid out in class B common stock on the first February 1 that is at least six months following the Director's termination from Board service.