BROWN FORMAN CORP — Director's Dealing 2013

Mar 15, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2013-03-14

Reporting Person: McCallum Mark I (EVP/Pres Eur Afr Asia Pac TR)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-14	Class B Common	M	15844	$18.94	Acquired	15844	Direct
2013-03-14	Class B Common	F	8387	$68.48	Disposed	7457	Direct
2013-03-14	Class B Common	S	7457	$68.58	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-14	Non-Qualified Stock Option (right to buy)	$18.94	M	15844	Disposed	2013-04-30	Class B Common (15844)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common	21754.5	Direct
Class B Common	27	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$22.49	2014-04-30	Class B Common (11144)	11144	Direct
Stock Appreciation Right	$28.58	2015-04-30	Class B Common (16845)	16845	Direct
Stock Appreciation Right	$34.95	2016-04-30	Class B Common (4615)	4615	Direct
Stock Appreciation Right	$33.76	2017-04-30	Class B Common (15957)	15957	Direct
Stock Appreciation Right	$35.51	2018-04-30	Class B Common (14647)	14647	Direct
Stock Appreciation Right	$27.05	2019-04-30	Class B Common (23437)	23437	Direct
Stock Appreciation Right	$38.43	2020-04-30	Class B Common (20455)	20455	Direct
Stock Appreciation Right	$46.40	2021-04-30	Class B Common (23144)	23144	Direct
Stock Appreciation Right	$58.70	2022-04-30	Class B Common (24859)	24859	Direct

Footnotes

F1: On August 10, 2012, the Class A and Class B common stock of Brown-Forman Corporation split 3-2, resulting in the reporting person's acquisition of 7,251.5 additional shares of Class A common stock.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.53 to $68.67 inclusive. The reporting person undertakes to provide to Brown-Forman Corporation, any security holder of Brown-Forman Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: Includes 9 additional Class B shares of common stock issued in the August stock split.

F4: All outstanding derivative security amounts and excercise prices were adjusted on December 27, 2012, the record date for the Issuer's December 12, 2012 special cash dividend.

F5: These SSARs were previously reported as covering 6,992 shares at an exercise price of $35.83, but were adjusted to reflect the August 2012 stock split.

F6: These SSARs were previously reported as covering 10,569 shares at an exercise price of $45.53, but were adjusted to reflect the August 2012 stock split.

F7: These SSARs were previously reported as covering 2,895 shares at an exercise price of $55.69, but were adjusted to reflect the August 2012 stock split.

F8: These SSARs were previously reported as covering 10,012 shares at an exercise price of $53.80, but were adjusted to reflect the August 2012 stock split.

F9: These SSARs were previously reported as covering 9,190 shares at an exercise price of $56.58, but were adjusted to reflect the August 2012 stock split.

F10: These SSARs were previously reported as covering 14,705 shares at an exercise price of $43.10, but were adjusted to reflect the August 2012 stock split.

F11: These SSARs were previously reported as covering 12,834 shares at an exercise price of $61.24, but were adjusted to reflect the August 2012 stock split.

F12: These SSARs were previously reported as covering 14,521 shares at an exercise price of $73.95, but were adjusted to reflect the August 2012 stock split.

F13: These SSARs were previously reported as covering 15,597 shares at an exercise price of $93.54, but were adjusted to reflect the August 2012 stock split.

F14: These stock options were previously reported as covering 9,941 shares at an exercise price of $30.18, but were adjusted to reflect the August 2012 stock split.