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BF.B Brown Forman Corp

44.095
0.175 (0.40%)
Last Updated: 15:04:36
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
  0.175 0.40% 44.095 44.22 43.43 43.73 200,805 15:04:36

Statement of Changes in Beneficial Ownership (4)

03/06/2020 11:29pm

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 *

Hayes John V.
2. Issuer Name and Ticker or Trading Symbol

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

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
SVP/President, USA & Canada
(Last)          (First)          (Middle)

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

6/1/2020
(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 6/1/2020  A  2098 (1)A$0 6428 D  
Class A Common 6/1/2020  F  977 (2)D$56.72 (3)5451 D  
Class B Common 6/1/2020  A  525 (1)A$0 27626 D  
Class B Common 6/1/2020  F  245 (4)D$62.20 (5)27381 D  
Class A Common         116.6274 (6)I ESPP 
Class A Common         4314.87 I Hayes Investments LLC 
Class B Common         7732.6293 (7)I By 401k 
Class B Common         34.4547 (6)I ESPP 
Class B Common         15559 I Revocable Trust 
Class B Common         14270.58 I Hayes 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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) These shares were issued on June 1, 2020, in connection with a July 27, 2017 award of performance-based restricted stock units. The award was subject to a three-year performance period, which ended April 30, 2020.
(2) To satisfy withholding obligations associated with the July 27, 2017 award of performance-based restricted stock units that were issued as shares on June 1, 2020, the reporting person surrendered 977 shares of Class A common stock.
(3) The closing price of BF-A on April 30, 2020 was used to calculate the withholding obligation.
(4) To satisfy withholding obligations associated with the July 27, 2017 award of performance-based restricted stock units that were issued as shares on June 1, 2020, the reporting person surrendered 245 shares of Class B common stock.
(5) The closing price of BF-B on April 30, 2020 was used to calculate the withholding obligation.
(6) Number of shares acquired through the issuer's employee stock purchase program as of June 1, 2020.
(7) Number of shares acquired through the issuer's employee stock purchase program as of June 1, 2020.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Hayes John V.
850 DIXIE HIGHWAY
LOUISVILLE, KY 40210


SVP/President, USA & Canada

Signatures
Jaileah X. Huddleston, Attorney in Fact for John V. Hayes6/3/2020
**Signature of Reporting PersonDate

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