BROWN FORMAN CORP — Director's Dealing 2013

Jan 2, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2012-07-12

Reporting Person: STUBBS DACE BROWN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-07-12	Class A Common	G	60495	—	Disposed	271995.7	Direct
2012-07-12	Class A Common	G	60495	—	Acquired	60495	Indirect
2012-12-24	Class A Common	G	175000	—	Disposed	96995.7	Direct
2012-12-24	Class A Common	G	175000	—	Disposed	235495	Indirect
2012-12-28	Class A Common	J	233140	—	Disposed	235495	Indirect
2012-12-28	Class A Common	J	233140	—	Acquired	235495	Indirect
2012-12-24	Class B Common	G	175000	—	Disposed	306951.5	Direct
2012-12-24	Class B Common	G	175000	—	Acquired	175000	Indirect
2012-12-24	Class B Common	G	1750	—	Acquired	175000	Indirect
2012-12-24	Class B Common	G	1750	—	Acquired	175000	Indirect
2012-12-31	Class B Common	J	173250	—	Disposed	175000	Indirect
2012-12-31	Class B Common	J	173250	—	Acquired	175000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common	2379.1	Indirect
Class A Common	1758.7	Indirect
Class A Common	3882267	Indirect
Class B Common	577566	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$18.94	2013-04-30	Class B Common (6253)	6253	Direct
Non-Qualified Stock Option (right to buy)	$22.49	2014-04-30	Class B Common (4867)	4867	Direct
Stock Appreciation Rights	$28.58	2015-04-30	Class B Common (5658)	5658	Direct
Stock Appreciation Right	$34.95	2016-04-30	Class B Common (4819)	4819	Direct
Stock Appreciation Right	$33.76	2017-04-30	Class B Common (5987)	5987	Direct
Stock Appreciation Right	$35.51	2018-04-30	Class B Common (5495)	5495	Direct
Stock Appreciation Right	$27.05	2019-04-30	Class B Common (6752)	6752	Direct
Deferred Stock Units	$		Class B Common (3306.95)	3306.95	Direct

Footnotes

F1: On 7/12/2012 and 12/24/2012, the reporting person transferred shares to SMPL 2012 Partnership, of which the reporting person and a family trust are partners.

F2: On 12/28/2012, the reporting person transferred a 99% interest in SMPL 2012 Partnership to a family trust in which she has a pecuniary interest.

F3: On 12/24/2012, the reporting person transferred shares to WKS Partnership and subsequently gifted a 1% interest in the partnership to her husband.

F4: On 12/31/2012, the reporting person transferred a 99% interest in WKS Partnership to a family trust in which she has a pecuniary interest. The reporting person disclaims beneficial ownership of all trusts and entities set forth in this form except to the extent of her pecuniary interest therein.

F5: Under the Brown-Forman Corporation Non-Employee Director Deferred Stock Unit Program each DSU represents the right to receive one share of the Company's Class B common stock.

F6: Annual grants of DSUs vest over the course of the Board year. DSUs are paid out in class B common stock on the first February 1 that is at least six months following the Director's termination from Board service.

F7: 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.