BROWN FORMAN CORP — Director's Dealing 2014

Dec 23, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BF'B)
CIK: 0000014693
Period of Report: 2014-12-19

Reporting Person: Steiner Lisa P (SVP, Chief HR Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-19	Class B Common	S	1000.0000	$89.0000	Disposed	1923.0000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common	6238.0000	Direct
Class A Common	650.4362	Indirect
Class B Common	118.7081	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$58.7000	2022-04-30	Class B Common (8880.0000)	8880.0000	Direct
Stock Appreciation Right	$72.4200	2023-04-30	Class B Common (6739.0000)	6739.0000	Direct
Stock Appreciation Right	$91.9700	2024-04-30	Class B Common (5467.0000)	5467.0000	Direct

Footnotes

F1: Number of shares acquired through the issuer's dividend reinvestment plan as of December 19, 2014.