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BF.B Brown Forman Corp

43.4711
-0.4489 (-1.02%)
Last Updated: 15:47:59
Delayed by 15 minutes
Share Name Share Symbol Market Type
Brown Forman Corp NYSE:BF.B NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.4489 -1.02% 43.4711 44.22 43.41 43.73 412,197 15:47:59

Statement of Changes in Beneficial Ownership (4)

05/06/2019 10:56pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

VARGA PAUL C
2. Issuer Name and Ticker or Trading Symbol

BROWN FORMAN CORP [ BFA, BFB ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

850 DIXIE HIGHWAY
3. Date of Earliest Transaction (MM/DD/YYYY)

6/3/2019
(Street)

LOUISVILLE, KY 40210
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common   6/3/2019     A    39396   (1) A $0   167677   D    
Class A Common   6/3/2019     F    18340   (2) D $52.30   (3) 149337   D    
Class B Common   6/3/2019     A    9837   (1) A $0   118880   D    
Class B Common   6/3/2019     F    4580   (4) D $53.29   (5) 114300   D    
Class A Common                  8222.6622   I   DRIP  
Class A Common                  312364   I   GRAT  
Class A Common                  444   I   PCV Investments LLC  
Class B Common                  50000   I   Family Trust  
Class B Common                  197846   I   GRAT  
Class B Common                  82688   I   PCV Investments LLC  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
(1)  These shares were issued on June 3, 2019, in connection with a July 28, 2016 award of performance-based restricted stock units. The award was subject to a three-year performance period, which ended April 30, 2019.
(2)  To satisfy withholding obligations associated with the July 28, 2016 award of performance-based restricted stock units that were issued as shares on June 3, 2019, the reporting person surrendered 18,340 shares of Class A common stock.
(3)  The closing price of BF-A on April 30, 2019 was used to calculate the withholding obligation.
(4)  To satisfy withholding obligations associated with the July 28, 2016 award of performance-based restricted stock units that were issued as shares on June 3, 2019, the reporting person surrendered 4,580 shares of Class B common stock.
(5)  The closing price of BF-B on April 30, 2019 was used to calculate the withholding obligation.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
VARGA PAUL C
850 DIXIE HIGHWAY
LOUISVILLE, KY 40210
X



Signatures
Jaileah X. Huddleston, Attorney in Fact for Paul C. Varga 6/5/2019
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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