Brown-Forman (BF-A) Form 4 BROWN FORMAN / Timothy M Nall ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Nall Timothy M

(Last) (First) (Middle)

850 DIXIE HIGHWAY

(Street)

LOUISVILLE KY 40210

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
07/28/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)

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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		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: 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	$73.61	07/28/2022		A		6,747		05/01/2025	04/30/2032	Class B Common	6,747	$0	6,747	D
Stock Appreciation Right	$35.603(1)							05/01/2017	04/30/2024	Class B Common	8,043		8,043(1)	D
Stock Appreciation Right	$39.582(2)							05/01/2018	04/30/2025	Class B Common	13,469		13,469(2)	D
Stock Appreciation Right	$39.2(3)							05/01/2020	04/30/2027	Class B Common	7,768		7,768(3)	D
Stock Appreciation Right	$53.244(4)							05/01/2021	04/30/2028	Class B Common	9,640		9,640(4)	D
Stock Appreciation Right	$53.875(5)							05/01/2022	04/30/2029	Class B Common	9,868		9,868(5)	D
Stock Appreciation Right	$68.241(6)							05/01/2023	04/30/2030	Class B Common	3,008		3,008(6)	D
Stock Appreciation Right	$70.242(7)							05/01/2024	04/30/2031	Class B Common	4,536		4,536(7)	D

Explanation of Responses:

1. These stock appreciation rights were previously reported as covering 7,930 shares at an exercise price of $36.109, but were adjusted to reflect the December 2021 special dividend.

2. These stock appreciation rights were previously reported as covering 13,280 shares at an exercise price of $40.145, but were adjusted to reflect the December 2021 special dividend.

3. These stock appreciation rights were previously reported as covering 7,659 shares at an exercise price of $39.757, but were adjusted to reflect the December 2021 special dividend.

4. These stock appreciation rights were previously reported as covering 9,505 shares at an exercise price of $54, but were adjusted to reflect the December 2021 special dividend.

5. These stock appreciation rights were previously reported as covering 9,729 shares at an exercise price of $54.64, but were adjusted to reflect the December 2021 special dividend.

6. These stock appreciation rights were previously reported as covering 2,965 shares at an exercise price of $69.21, but were adjusted to reflect the December 2021 special dividend.

7. These stock appreciation rights were previously reported as covering 4,472 shares at an exercise price of $71.24, but were adjusted to reflect the December 2021 special dividend.

Remarks:

The Form 3 filed on July 12, 2021, inadvertently included a grant of restricted stock units, which will be omitted from the insider's filings going forward.

	Jaileah X. Huddleston, Attorney in Fact for Timothy M. Nall	08/01/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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