BROWN FORMAN CORP — Director's Dealing 2013

Jan 17, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2013-01-15

Reporting Person: Jones Jill Ackerman (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-01-15	Class B Common	P	2060	$63.4399	Acquired	3840	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common	8527	Direct
Class A Common	2212.3	Indirect
Class B Common	45	Indirect
Class B Common	45	Indirect
Class B Common	298.25	Indirect
Class B Common	6660.2	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$30.36	2015-04-30	Class B Common (5553)	5553	Direct
Stock Appreciation Right	$37.13	2016-04-30	Class B Common (3009)	3009	Direct
Stock Appreciation Right	$35.87	2017-04-30	Class B Common (6117)	6117	Direct
Stock Appreciation Right	$37.72	2018-04-30	Class B Common (8192)	8192	Direct
Stock Appreciation Right	$28.74	2019-04-30	Class B Common (12945)	12945	Direct
Stock Appreciation Right	$40.83	2020-04-30	Class B Common (14217)	14217	Direct
Stock Appreciation Right	$49.30	2021-04-30	Class B Common (15773)	15773	Direct
Stock Appreciation Right	$62.36	2022-04-30	Class B Common (10445)	10445	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 2,852 additional Class A shares of common stock.

F2: Number of Class A shares the reporting person has acquired through the Brown-Forman Corporation Employee Stock Purchase Program as of close of business on January 15, 2013, including 676.64 additional Class A shares of common stock issued in the August stock split.

F3: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $63.4393 to $63.44, 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 purchased at each separate price within the range set forth in footnote (3) to this Form 4.

F4: Includes 5,934 additional Class B shares of common stock issued in the August stock split.

F5: Includes 15 additional Class B shares of common stock issued in the August stock split.

F6: Number of Class B shares the reporting person has acquired through the Brown-Forman Corporation Employee Stock Purchase Program as of close of business on January 15, 2013, including additional 92.77 Class B shares of common stock issued in the August stock split.

F7: Number of shares the reporting person has acquired under the Brown-Forman 401(k) plan as of January 16, 2013, including additional Class B shares of Class B common stock issued in the August stock split.

F8: These stock appreciation rights were previously reported as covering 3,702 shares at an exercise price of $45.53, but were adjusted to reflect the August 2012 stock split.

F9: These stock appreciation rights were previously reported as covering 2,006 shares at an exercise price of $55.69, but were adjusted to reflect the August 2012 stock split.

F10: These stock appreciation rights were previously reported as covering 4,078 shares at an exercise price of $53.80, but were adjusted to reflect the August 2012 stock split.

F11: These stock appreciation rights were previously reported as covering 5,461 shares at an exercise price of $56.58, but were adjusted to reflect the August 2012 stock split.

F12: These stock appreciation rights were previously reported as covering 8,630 shares at an exercise price of $43.10, but were adjusted to reflect the August 2012 stock split.

F13: These stock appreciation rights were previously reported as covering 9,478 shares at an exercise price of $61.24, but were adjusted to reflect the August 2012 stock split.

F14: These stock appreciation rights were previously reported as covering 10,515 shares at an exercise price of $73.95, but were adjusted to reflect the August 2012 stock split.

F15: These stock appreciation rights were previously reported as covering 6,963 shares at an exercise price of $93.54, but were adjusted to reflect the August 2012 stock split.