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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction 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 (Month/Day/Year) |
7. Title and Amount of Underlying Securities (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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Appreciation Right | $ 13.942 (11) | 04/30/2018 | M | 3,928 | 05/01/2011 | 04/30/2018 | Class B Common | 3,928 (11) | $ 0 | 0 | D | ||||
Restricted Stock Units | (12) | 05/01/2018 | M | 8,726 | 05/01/2018 | (13) | Class B Common | 8,726 | $ 0 | 0 | D | ||||
Stock Appreciation Right | $ 10.62 (14) | 05/01/2012 | 04/30/2019 | Class B Common | 12,007 (14) | 12,007 | D | ||||||||
Restricted Stock Units | (12) | 05/01/2019 | (15) | Class B Common | 968 (16) | 968 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Brown George Garvin IV 850 DIXIE HIGHWAY LOUISVILLE, KY 40210 |
X |
Michael E. Carr, Jr., Attorney in Fact for George Garvin Brown IV | 05/02/2018 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | On February 28, 2018, the issuer completed a stock split resulting in the distribution of one share of Class B common stock for every four shares of either Class A or Class B common stock held. On April 23, 2018, the issuer paid a special cash dividend. Total has been updated to reflect the acquisition of 169,794 additional shares in the February 2018 stock split. Additionally, total has been updated to include 26,361 Class B shares previously held in a 401(k) account but transferred to direct holdings before the stock split. |
(2) | The closing price of BF-B on April 27, 2018 was used to calculate the withholding obligation. |
(3) | The closing price of BF-B on April 30, 2018 was used to calculate the withholding obligation. |
(4) | Total has been updated to reflect the acquisition of 14,504 additional shares in the February 2018 stock split. |
(5) | Total has been updated to reflect the acquisition of 56,541 additional shares in the February 2018 stock split. |
(6) | Total has been updated to reflect the acquisition of 5,807 additional shares in the February 2018 stock split. |
(7) | Total has been updated to reflect the acquisition of 39,398 additional shares in the February 2018 stock split. |
(8) | Total has been updated to reflect the acquisition of 667,702 additional shares in the February 2018 stock split. |
(9) | Total has been updated to reflect the acquisition of 5,989 additional shares in the February 2018 stock split. |
(10) | These shares were received in the February 2018 stock split. |
(11) | These stock appreciation rights were previously reported as covering 3,084 shares at an exercise price of $17.755, but were adjusted to reflect the February 2018 stock split and April 2018 special dividend. |
(12) | Each restricted stock unit represents a contingent right to receive one share of Brown-Forman Class B common stock. |
(13) | The restricted stock units were granted on July 24, 2014, and vested April 30, 2018. |
(14) | These stock appreciation rights were previously reported as covering 9,428 shares at an exercise price of $13.525, but were adjusted to reflect the February 2018 stock split and April 2018 special dividend. |
(15) | The restricted stock units were granted on July 23, 2015, and vest April 30, 2019. |
(16) | Updated to reflect the February 2018 stock split. |