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BROWN FORMAN CORP Director's Dealing 2013

Apr 2, 2013

30482_dirs_2013-04-02_7fd439c4-7ca9-44e6-8f11-7087ebf0ff7e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA/BFB)
CIK: 0000014693
Period of Report: 2013-04-01

Reporting Person: BERG DONALD C (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-04-01 Class B Common M 7120 $28.58 Acquired 55279 Direct
2013-04-01 Class B Common F 4330 $71.40 Disposed 50949 Direct
2013-04-01 Class B Common S 2790 $71.002 Disposed 48159 Direct
2013-04-01 Class B Common S 2000 $71.00 Disposed 2231.904 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-04-01 Stock Appreciation Right $28.58 M 7120 Disposed 2015-04-30 Class B Common (7120) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common 22605 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Appreciation Right $34.95 2016-04-30 Class B Common (16339) 16339 Direct
Stock Appreciation Right $33.76 2017-04-30 Class B Common (18704) 18704 Direct
Stock Appreciation Right $35.51 2018-04-30 Class B Common (21971) 21971 Direct
Stock Appreciation Right $27.05 2019-04-30 Class B Common (35999) 35999 Direct
Stock Appreciation Right $38.43 2020-04-30 Class B Common (19669) 19669 Direct
Stock Appreciation Right $46.40 2021-04-30 Class B Common (20855) 20855 Direct
Stock Appreciation Right $58.70 2022-04-30 Class B Common (27476) 27476 Direct

Footnotes

F1: The closing prices of BF-B ($71.40) on March 29, 2013 was used to calculate the tax withholding obligation.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.00 to $71.01, 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 footnote (2) to this Form 4.

F3: Number of shares the reporting person has acquired under the Brown-Forman 401(k) plan as of March 31, 2013.

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