BROWN FORMAN CORP — Director's Dealing 2015

Sep 18, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2015-07-20

Reporting Person: Frazier Laura (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-07-20	Class A Common	W	1277720	$0.00	Acquired	9104153	Indirect
2015-07-20	Class A Common	W	2555440	$0.00	Disposed	9104153	Indirect
2015-07-20	Class B Common	W	579690	$0.00	Acquired	4130474	Indirect
2015-07-20	Class B Common	W	1159381	$0.00	Disposed	4130474	Indirect
2015-09-16	Class A Common	G	651681	—	Acquired	9104153	Indirect
2015-09-16	Class A Common	G	651681	—	Disposed	9104153	Indirect
2015-09-16	Class B Common	G	295662	—	Acquired	4130474	Indirect
2015-09-16	Class B Common	G	295662	—	Disposed	4130474	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common	207313	Direct
Class B Common	223213	Direct
Class A Common	4860	Indirect
Class A Common	354	Indirect
Class B Common	1702	Indirect
Class A Common	5922	Indirect
Class B Common	5155	Indirect
Class A Common	354	Indirect
Class B Common	1702	Indirect
Class A Common	354	Indirect
Class B Common	1290	Indirect
Class A Common	354	Indirect
Class B Common	1702	Indirect
Class A Common	5922	Indirect
Class B Common	5065	Indirect
Class B Common	4486	Indirect

Footnotes

F1: Represents the division of a family trust holding units of Avish Agincourt LLC following the death of the settlor.

F2: On September 16, 2015, the reporting person transferred units of Avish Agincourt LLC to a grantor trust for the benefit of family members in which the reporting person retains a pecuniary interest. The reporting person received a note under the terms of the trust providing for a periodic payment similar in operation to a grantor retained annuity trust.