BROWN FORMAN CORP — Director's Dealing 2015

Jul 28, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BF'B)
CIK: 0000014693
Period of Report: 2015-07-23

Reporting Person: Hawley Kirsten M (SVP, Chief HR Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-07-23	Stock Appreciation Right	$102.2500	A	5509.0000	Acquired	2025-04-30	Class B Common (5509.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common	21.0000	Direct
Class B Common	993.0000	Direct
Class B Common	1971.0545	Indirect
Class A Common	6.3728	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$58.7000	2022-04-30	Class B Common (1960.0000)	1960.0000	Direct
Stock Appreciation Right	$72.4200	2023-04-30	Class B Common (2518.0000)	2518.0000	Direct
Stock Appreciation Right	$91.9700	2024-04-30	Class B Common (2223.0000)	2223.0000	Direct

Footnotes

F1: Number of shares acquired through the issuer's 401(k) plan as of July 17, 2015.

F2: Number of shares acquired through the issuer's dividend reinvestment plan as of July 20, 2015.

F3: No money was paid to or received by the reporting person for this SAR.