Sec Form 4 Filing - Whiting Lawson E @ BROWN FORMAN CORP - 2022-01-13

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 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

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person Whiting Lawson E 2. Issuer Name and Ticker or Trading Symbol BROWN FORMAN CORP [ BFA, BFB] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) President & CEO (Last) (First) (Middle) 850 DIXIE HIGHWAY 3. Date of Earliest Transaction (MM/DD/YY) 01/13/2022 (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 01/13/2022 M 20,044 A $ 22.724 31,676 D Class B Common 01/13/2022 F 13,033 D $ 67.01( 1 ) 18,643 D Class B Common 0.6996( 2 ) I DRIP

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 $ 22.724( 3 ) 01/13/2022 M 20,044 05/01/2015 04/30/2022 Class B Common 20,044( 3 ) $ 0 0 D Stock Appreciation Right $ 28.034( 4 ) 05/01/2016 04/30/2023 Class B Common 22,195( 4 ) 22,195 D Stock Appreciation Right $ 35.603( 5 ) 05/01/2017 04/30/2024 Class B Common 15,601( 5 ) 15,601 D Stock Appreciation Right $ 39.582( 6 ) 05/01/2018 04/30/2025 Class B Common 20,330( 6 ) 20,330 D Stock Appreciation Right $ 37.942( 7 ) 05/01/2019 04/30/2026 Class B Common 29,314( 7 ) 29,314 D Stock Appreciation Right $ 39.2( 8 ) 05/01/2020 04/30/2027 Class B Common 34,619( 8 ) 34,619 D Stock Appreciation Right $ 53.244( 9 ) 05/01/2021 04/30/2028 Class B Common 41,266( 9 ) 41,266 D Stock Appreciation Right $ 53.875( 10 ) 05/01/2022 04/30/2029 Class B Common 111,626( 10 ) 111,626 D Stock Appreciation Right $ 68.241( 11 ) 05/01/2023 04/30/2030 Class B Common 109,334( 11 ) 109,334 D Stock Appreciation Right $ 70.242( 12 ) 05/01/2024 04/30/2031 Class B Common 101,757( 12 ) 101,757 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Whiting Lawson E 850 DIXIE HIGHWAY LOUISVILLE, KY40210 X President & CEO Signatures Jaileah X. Huddleston, Attorney in Fact for Lawson E. Whiting 01/14/2022 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The closing price of BF-B on January 12, 2022, was used to calculate the withholding obligation. ( 2 )Number of shares acquired thro ugh the issuer's dividend reinvestment plan as of January 14, 2022. ( 3 )These stock appreciation rights were previously reported as covering 19,763 shares at an exercise price of $23.047, but were adjusted to reflect the December 2021 special dividend. ( 4 )These stock appreciation rights were previously reported as covering 21,884 shares at an exercise price of $28.433, but were adjusted to reflect the December 2021 special dividend. ( 5 )These stock appreciation rights were previously reported as covering 15,382 shares at an exercise price of $36.109, but were adjusted to reflect the December 2021 special dividend. ( 6 )These stock appreciation rights were previously reported as covering 20,045 shares at an exercise price of $40.145, but were adjusted to reflect the December 2021 special dividend. ( 7 )These stock appreciation rights were previously reported as covering 28,903 shares at an exercise price of $38.481, but were adjusted to reflect the December 2021 special dividend. ( 8 )These stock appreciation rights were previously reported as covering 34,134 shares at an exercise price of $39.757, but were adjusted to reflect the December 2021 special dividend. ( 9 )These stock appreciation rights were previously reported as covering 40,688 shares at an exercise price of $54, but were adjusted to reflect the December 2021 special dividend. ( 10 )These stock appreciation rights were previously reported as covering 110,063 shares at an exercise price of $54.64, but were adjusted to reflect the December 2021 special dividend. ( 11 )These stock appreciation rights were previously reported as covering 107,803 shares at an exercise price of $69.21, but were adjusted to reflect the December 2021 special dividend. ( 12 )These stock appreciation rights were previously reported as covering 100,332 shares at an exercise price of $71.24, but were adjusted to reflect the December 2021 special dividend.

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 Number.