Filing Details
- Accession Number:
- 0001225208-14-008586
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-03-19 16:58:53
- Reporting Period:
- 2014-03-18
- Filing Date:
- 2014-03-19
- Accepted Time:
- 2014-03-19 16:58:53
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 14693 | Brown Forman Corp | BF'B | Beverages (2080) | 610143150 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1197231 | Brown Dace Stubbs | 850 Dixie Highway Louisville KY 40210 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common | Acquisiton | 2014-03-18 | 4,867 | $22.49 | 306,897 | No | 4 | M | Direct | |
| Class B Common | Disposition | 2014-03-18 | 1,239 | $88.36 | 305,658 | No | 4 | F | Direct | |
| Class B Common | Disposition | 2014-03-19 | 3,628 | $89.37 | 302,030 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class B Common | Non-Qualified Stock Option (right to buy) | Disposition | 2014-03-18 | 4,867 | $0.00 | 4,867 | $22.49 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2004-07-22 | 2014-04-30 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common | 101,410 | Direct | |
| Class A Common | 2,379 | Indirect | Albrecht Trust |
| Class A Common | 1,759 | Indirect | GGB Trust |
| Class A Common | 3,882,267 | Indirect | Log House 2011 LP |
| Class B Common | 577,566 | Indirect | Log House 2011 LP |
| Class A Common | 235,495 | Indirect | SMPL 2012 Partnership |
| Class B Common | 175,000 | Indirect | WKS Partnership |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Class A Common | Deferred Stock Units | $0.00 | 1,181 | 1,181 | Direct | ||
| Class B Common | Deferred Stock Units | $0.00 | 3,331 | 3,331 | Direct | ||
| Class B Common | Stock Appreciation Right | $27.05 | 2009-07-23 | 2019-04-30 | 6,752 | 6,752 | Direct |
| Class B Common | Stock Appreciation Right | $35.51 | 2008-07-24 | 2018-04-30 | 5,495 | 5,495 | Direct |
| Class B Common | Stock Appreciation Right | $33.76 | 2007-07-26 | 2017-04-30 | 5,987 | 5,987 | Direct |
| Class B Common | Stock Appreciation Right | $34.95 | 2006-07-27 | 2016-04-30 | 4,819 | 4,819 | Direct |
| Class B Common | Stock Appreciation Right | $28.58 | 2005-07-28 | 2015-04-30 | 5,658 | 5,658 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 1,181 | 1,181 | Direct | |
| 3,331 | 3,331 | Direct | |
| 2019-04-30 | 6,752 | 6,752 | Direct |
| 2018-04-30 | 5,495 | 5,495 | Direct |
| 2017-04-30 | 5,987 | 5,987 | Direct |
| 2016-04-30 | 4,819 | 4,819 | Direct |
| 2015-04-30 | 5,658 | 5,658 | Direct |
Footnotes
- The closing price of BF-B $88.36 on March 17, 2014 was used to calculate the tax withholding obligation.
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $89.20 to $89.626193, inclusive. The reporting person undertakes to provide to Brown-Forman Corporation, any security holder of Brown-Forman Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote 2 to this Form 4.
- Under 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. On each dividend payment date, participants are credited with DSU equivalents.
- Annual 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.
- Under 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.
- Annual 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.
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