0000014693-16-000072.txt : 20160325
0000014693-16-000072.hdr.sgml : 20160325
20160325132941
ACCESSION NUMBER: 0000014693-16-000072
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160323
FILED AS OF DATE: 20160325
DATE AS OF CHANGE: 20160325
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BROWN FORMAN CORP
CENTRAL INDEX KEY: 0000014693
STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080]
IRS NUMBER: 610143150
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0430
BUSINESS ADDRESS:
STREET 1: 850 DIXIE HWY
CITY: LOUISVILLE
STATE: KY
ZIP: 40210
BUSINESS PHONE: 5025851100
MAIL ADDRESS:
STREET 1: P O BOX 1080
CITY: LOUISVILLE
STATE: KY
ZIP: 40201
FORMER COMPANY:
FORMER CONFORMED NAME: BROWN FORMAN INC
DATE OF NAME CHANGE: 19870816
FORMER COMPANY:
FORMER CONFORMED NAME: BROWN FORMAN DISTILLERS CORP
DATE OF NAME CHANGE: 19840807
FORMER COMPANY:
FORMER CONFORMED NAME: BROWN FORMAN DISTILLERY CO
DATE OF NAME CHANGE: 19670730
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Brown George Garvin IV
CENTRAL INDEX KEY: 0001362478
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 002-26821
FILM NUMBER: 161529289
MAIL ADDRESS:
STREET 1: 850 DIXIE HIGHWAY
CITY: LOUISVILLE
STATE: KY
ZIP: 40210
4
1
wf-form4_145892696945638.xml
FORM 4
X0306
4
2016-03-23
0
0000014693
BROWN FORMAN CORP
BFA, BFB
0001362478
Brown George Garvin IV
850 DIXIE HIGHWAY
LOUISVILLE
KY
40210
1
0
0
0
Class B Common
2015-09-04
5
G
0
E
36
0
D
273427
D
Class B Common
2015-10-09
5
G
0
E
1630
0
D
271797
D
Class B Common
2015-10-09
5
G
0
E
520
0
A
3095
I
Crummey Trust
Class B Common
2015-10-09
5
G
0
E
1370
0
A
2973
I
Spouse's trust
Class A Common
2016-03-22
5
G
0
E
47625
0
D
69010
D
Class A Common
2016-03-22
5
G
0
E
47625
0
A
47625
I
Sullivan Street Partners
Class A Common
2016-03-23
5
G
0
E
1650
0
D
67360
D
Class A Common
2016-03-23
5
G
0
E
1400
0
A
7471
I
Spouse's trust
Class A Common
2016-03-23
4
J
0
9523
105.225
D
57837
D
Class A Common
2016-03-23
4
J
0
9523
105.225
A
104457
I
2012 GRAT
Class B Common
12891.1691
I
By 401k
Class A Common
57837
D
Class A Common
10190
I
2010 GRAT
Class B Common
17418
I
2010 GRAT
Class B Common
2746
I
CBGB LLC
Class A Common
7346
I
Crummey Trust
Class A Common
11620
I
GGB IV CLAT
Class A Common
529554
I
GGB4 2010 #1 LP
Class B Common
78300
I
GGB4 2010#2 LLC
Class A Common
496
I
GGB4 2010#2 LLC
Class A Common
2580235.50
I
GGB4 2012 LP
Class B Common
255168
I
GGB4 2012 LP
Deferred Stock Units
Class A Common
3161.58
3161.58
D
Stock Appreciation Right
34.95
2009-05-01
2016-04-30
Class B Common
1467.0
1467
D
Stock Appreciation Right
35.51
2011-05-01
2018-04-30
Class B Common
1542.0
1542
D
Stock Appreciation Right
27.05
2012-05-01
2019-04-30
Class B Common
4714.0
4714
D
Restricted Stock Units
2016-04-30
Class B Common
3124.0
3124
D
Restricted Stock Units
2017-04-30
Class B Common
3936.0
3936
D
Restricted Stock Units
2018-04-30
Class B Common
3426.0
3426
D
Restricted Stock Units
2019-04-30
Class B Common
380.0
380
D
Stock Appreciation Right
33.76
2010-05-01
2017-04-30
Class B Common
1679.0
1679
D
On March 23, 2016, the reporting person exchanged Class A shares for cash held by a GRAT. The reporting person disclaims beneficial ownership of the shares by the GRAT except to the extent of his pecuniary interest therein.
The mean price of the issuer's Class A Common stock as of March 23, 2016 ($105.225) was used to value the transaction.
Number of shares acquired through the issuer's 401(k) plan as of March 24, 2016.
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. Grants made on July 23, 2015, were based on the closing price of the Company's Class A common stock on that date ($111.30). 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.
Each restricted stock unit represents a contingent right to receive one share of Brown-Forman Class B common stock.
The Restricted Stock Units were granted on July 26, 2012, and vest on April 30, 2016.
The Restricted Stock Units were granted on July 25, 2013, and vest on April 30, 2017.
The Restricted Stock Units were granted on July 24, 2014, and vest on April 30, 2018.
The Restricted Stock Units were granted on July 23, 2015, and vest on April 30, 2019.
The reporting person disclaims beneficial ownership of the shares held by trusts and entities set forth in this form except to the extent of his pecuniary interest therein.
Kelly Bowen, Atty. in Fact for George Garvin Brown IV
2016-03-25