Sec Form 3 Filing - Nall Timothy M @ BROWN FORMAN CORP - 2021-07-02

Insider filing report for Changes in Beneficial Ownership
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FORM 3
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
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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1. Name and Address of Reporting Person
Nall Timothy M
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 CIO
(Last) (First) (Middle)
850 DIXIE HIGHWAY
3. Date of Earliest Transaction (MM/DD/YY)
07/02/2021
(Street)
LOUISVILLE, KY40210
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 4,614 D
Class A Common 36 I Family Trust
Class B Common 9 I Family Trust
Class B Common 6,288.6595 ( 1 ) I By 401k
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Right $ 28.433 05/01/2016 04/30/2023 Class B Common 11,742 D
Stock Appreciation Right $ 36.109 05/01/2017 04/30/2024 Class B Common 7,930 D
Stock Appreciation Right $ 40.145 05/01/2018 04/30/2025 Class B Common 13,280 D
Stock Appreciation Right $ 39.757 05/01/2020 04/30/2027 Class B Common 7,659 D
Stock Appreciation Right $ 54 05/01/2021 04/30/2028 Class B Common 9,505 D
Stock Appreciation Right $ 54.64 05/01/2022 04/30/2029 Class B Common 9,729 D
Stock Appreciation Right $ 69.21 05/01/2023 04/30/2030 Class B Common 2,965 D
Restricted Stock Units ( 3 ) 04/30/2023( 2 ) ( 2 ) Class B Common 626 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Nall Timothy M
850 DIXIE HIGHWAY
LOUISVILLE, KY40210
SVP CIO
Signatures
Jaileah X. Huddleston, Attorney in Fact for Timothy M. Nall 07/12/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Number of shares acquired through the issuer's 401(k) plan as of July 2, 2021.
( 2 )The restricted stock units were granted July 30, 2020, and vest April 30, 2023.
( 3 )Each restricted stock unit represents a contingent right to recive one share of Brown-Forman Class B common stock.

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).
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