BROWN FORMAN CORP — Director's Dealing 2015

Jul 15, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BF'B)
CIK: 0000014693
Period of Report: 2015-07-10

Reporting Person: Steiner Lisa P (Chief of Staff)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-07-10	Class B Common	S	2000.0000	$101.5181	Disposed	1111.0000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common	7108.0000	Direct
Class A Common	685.2867	Indirect
Class B Common	122.2761	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.50 to $101.56, inclusive. The reporting person undertakes to provide to Brown-Forman Corporation, any security holder of Brown-Forman Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F2: Number of shares acquired through the issuer's dividend reinvestment plan as of July 13, 2015.