BROWN FORMAN CORP — Director's Dealing 2013

Jul 29, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BF'B)
CIK: 0000014693
Period of Report: 2013-07-25

Reporting Person: MORREAU JANE C (SVP, Chief Production Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-07-25	Stock Appreciation Right	$72.4200	A	9266.0000	Acquired	2023-04-30	Class B Common (9266.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common	6379.2848	Direct
Class B Common	52.5000	Direct
Class B Common	2570.5647	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$22.4900	2014-04-30	Class B Common (5275.0000)	5275.0000	Direct
Stock Appreciation Right	$28.5800	2015-04-30	Class B Common (4558.0000)	4558.0000	Direct
Stock Appreciation Right	$33.7600	2017-04-30	Class B Common (9292.0000)	9292.0000	Direct
Stock Appreciation Right	$35.5100	2018-04-30	Class B Common (7131.0000)	7131.0000	Direct
Stock Appreciation Right	$27.0500	2019-04-30	Class B Common (11463.0000)	11463.0000	Direct
Stock Appreciation Right	$38.4300	2020-04-30	Class B Common (12590.0000)	12590.0000	Direct
Stock Appreciation Right	$46.4000	2021-04-30	Class B Common (14365.0000)	14365.0000	Direct
Stock Appreciation Right	$58.7000	2022-04-30	Class B Common (11098.0000)	11098.0000	Direct
Stock Appreciation Right	$34.9500	2016-04-30	Class B Common (8400.0000)	8400.0000	Direct

Footnotes

F1: Total updated as of May 31, 2013 to reflect dividend reinvestment.

F2: The number of shares acquired through issuer's employee stock purchase plan as of July 23, 2013.

F3: No money was paid to or received by the reporting person for this SAR.