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BROWN FORMAN CORP Director's Dealing 2015

Jul 10, 2015

30482_dirs_2015-07-10_5cc452fa-c345-48c2-b421-d183ce9a635c.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: 2015-07-08

Reporting Person: Brown George Garvin IV (Director, Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-07-08 Class A Common J 19000.0000 $108.7700 Disposed 116635.0000 Direct
2015-07-08 Class A Common J 5100.0000 $108.7700 Acquired 10190.0000 Indirect
2015-07-08 Class A Common J 6500.0000 $108.7700 Acquired 94934.0000 Indirect
2015-07-08 Class A Common J 7400.0000 $108.7700 Acquired 11620.0000 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Class B Common 273463.0000 Direct
Class B Common 17418.0000 Indirect
Class B Common 12806.9292 Indirect
Class B Common 2746.0000 Indirect
Class A Common 7346.0000 Indirect
Class B Common 2575.0000 Indirect
Class A Common 529554.0000 Indirect
Class A Common 496.0000 Indirect
Class B Common 78300.0000 Indirect
Class A Common 2580235.5000 Indirect
Class B Common 255168.0000 Indirect
Class A Common 6071.0000 Indirect
Class B Common 1603.0000 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Units $ Class B Common (3124.0000) 3124.0000 Direct
Restricted Stock Units $ Class B Common (3936.0000) 3936.0000 Direct
Restricted Stock Units $ Class B Common (3426.0000) 3426.0000 Direct
Stock Appreciation Right $34.9500 2016-04-30 Class B Common (1467.0000) 1467.0000 Direct
Stock Appreciation Right $33.7600 2017-04-30 Class B Common (1679.0000) 1679.0000 Direct
Stock Appreciation Right $35.5100 2018-04-30 Class B Common (1542.0000) 1542.0000 Direct
Stock Appreciation Right $27.0500 2019-04-30 Class B Common (4714.0000) 4714.0000 Direct

Footnotes

F1: On July 8, 2015, the reporting person exchanged Class A shares for cash held by two GRATs and a CLAT. The reporting person disclaims beneficial ownership of the shares held by the GRATs and the CLAT except to the extent of his pecuniary interest therein.

F2: The mean price of the issuer's Class A Common Stock as of July 7, 2015 ($108.77) was used to value the transactions.

F3: Number of shares acquired through the issuer's 401(k) plan as of July 8, 2015.

F4: Each restricted stock unit represents a contingent right to receive one share of Brown-Forman Class B common stock.

F5: The Restricted Stock Units were granted on July 26, 2012, and vest April 30, 2016.

F6: The Restricted Stock Units were granted on July 25, 2013, and vest April 30, 2017.

F7: The Restricted Stock Units were granted on July 24, 2014, and vest April 30, 2018.