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BROWN FORMAN CORP Director's Dealing 2015

Jul 28, 2015

30482_dirs_2015-07-27_ac42e93a-0c57-4139-aa4e-409c84af3f38.zip

Director's Dealing

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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: BOUSQUET CHAVANNE PATRICK (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-07-23 Deferred Stock Units $ A 1572.3300 Acquired Class A Common (1572.3300) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class B Common 5016.0000 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Deferred Stock Units $ Class B Common (5132.7500) 5132.7500 Direct
Stock Appreciation Right $38.4300 2020-04-30 Class B Common (4785.0000) 4785.0000 Direct
Stock Appreciation Right $27.0500 2019-04-30 Class B Common (12451.0000) 12451.0000 Direct
Stock Appreciation Right $35.5100 2018-04-30 Class B Common (10134.0000) 10134.0000 Direct
Stock Appreciation Right $33.7600 2017-04-30 Class B Common (10639.0000) 10639.0000 Direct
Stock Appreciation Right $34.9500 2016-04-30 Class B Common (9036.0000) 9036.0000 Direct

Footnotes

F1: 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 A Common Stock. Grants made on July 23, 2015, were based on the closing price of the Company's Class A common stock on that date ($111.30). On each dividend payment date, participants are credited with DSU equivalents, and the DSU totals on this form have been updated to reflect such credits.

F2: Annual grants of DSUs vest over the course of the Board year. DSUs are paid out in class A common stock on the first February 1 that is at least six months following the Director's termination from Board service.

F3: 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. On each dividend payment date, participants are credited with DSU equivalents, and the DSU totals on this form have been updated to reflect such credits.

F4: 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.