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, Chief Marketing Officer
(Last)          (First)          (Middle)

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

3/28/2018
(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 B Common   3/28/2018     M    16783   A $14.20   26835   (1) D    
Class B Common   3/28/2018     F    8451   D $53.82   (2) 18384   D    
Class B Common                  5894   I   By 401k  
Class B Common                  32.9326   (3) I   ESPP  
Class B Common                  14267   (4) 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 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
Stock Appreciation Right   $14.2   (5) 3/28/2018     M         16783   (5)   5/1/2011   4/30/2018   Class B Common   16783.0   (5) $0   0   D    
Stock Appreciation Right   $10.82   (6)                  5/1/2012   4/30/2019   Class B Common   32498.0   (6)   32498   D    
Stock Appreciation Right   $15.372   (7)                  5/1/2013   4/30/2020   Class B Common   27275.0   (7)   27275   D    
Stock Appreciation Right   $18.56   (8)                  5/1/2014   4/30/2021   Class B Common   28378.0   (8)   28378   D    
Stock Appreciation Right   $23.48   (9)                  5/1/2015   4/30/2022   Class B Common   21403.0   (9)   21403   D    
Stock Appreciation Right   $28.968   (10)                  5/1/2016   4/30/2023   Class B Common   8853.0   (10)   8853   D    
Stock Appreciation Right   $36.788   (11)                  5/1/2017   4/30/2024   Class B Common   7068.0   (11)   7068   D    
Stock Appreciation Right   $40.9   (12)                  5/1/2018   4/30/2025   Class B Common   9020.0   (12)   9020   D    
Stock Appreciation Right   $39.204   (13)                  5/1/2019   4/30/2026   Class B Common   12440.0   (13)   12440   D    
Stock Appreciation Right   $40.504   (14)                  5/1/2020   4/30/2027   Class B Common   10494.0   (14)   10494   D    

Explanation of Responses:
(1)  On February 28, 2018, Brown-Forman Corporation 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. This total has been adjusted to reflect 2,443 Class B shares received in the stock split.
(2)  The closing price of BF-B on March 28, 2018 was used to calculate the withholding obligation.
(3)  Number of shares acquired through the issuer's employee stock purchase program as of March 28, 2018. Total has been adjusted to reflect shares received in the stock split.
(4)  Total has been adjusted to reflect 3,695 Class B shares received in the stock split.
(5)  These stock appreciation rights were previously reported as covering 13,426 shares at an exercise price of $17.755, but were adjusted to reflect the February 2018 stock split.
(6)  These stock appreciation rights were previously reported as covering 25,998 shares at an exercise price of $13.525, but were adjusted to reflect the February 2018 stock split.
(7)  These stock appreciation rights were previously reported as covering 21,820 shares at an exercise price of $19.215, but were adjusted to reflect the February 2018 stock split.
(8)  These stock appreciation rights were previously reported as covering 22,702 shares at an exercise price of $23.20, but were adjusted to reflect the February 2018 stock split.
(9)  These stock appreciation rights were previously reported as covering 17,122 shares at an exercise price of $29.35, but were adjusted to reflect the February 2018 stock split.
(10)  These stock appreciation rights were previously reported as covering 7,082 shares at an exercise price of $36.21, but were adjusted to reflect the February 2018 stock split.
(11)  These stock appreciation rights were previously reported as covering 5,654 shares at an exercise price of $45.985, but were adjusted to reflect the February 2018 stock split.
(12)  These stock appreciation rights were previously reported as covering 7,216 shares at an exercise price of $51.125, but were adjusted to reflect the February 2018 stock split.
(13)  These stock appreciation rights were previously reported as covering 9,952 shares at an exercise price of $49.005, but were adjusted to reflect the February 2018 stock split.
(14)  These stock appreciation rights were previously reported as covering 8,395 shares at an exercise price of $50.63, but were adjusted to reflect the February 2018 stock split.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Hayes John V.
850 DIXIE HIGHWAY
LOUISVILLE, KY 40210


SVP, Chief Marketing Officer

Signatures
Michael E. Carr, Jr., Attorney in Fact for John V. Hayes 3/30/2018
** 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.
Brown Forman (NYSE:BF.B)
Historical Stock Chart
Von Jun 2024 bis Jul 2024 Click Here for more Brown Forman Charts.
Brown Forman (NYSE:BF.B)
Historical Stock Chart
Von Jul 2023 bis Jul 2024 Click Here for more Brown Forman Charts.