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BROWN FORMAN CORP Director's Dealing 2015

Apr 3, 2015

30482_dirs_2015-04-03_a6d78399-bbb0-489e-8730-070e65541e7f.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: 2015-04-02

Reporting Person: de Chabert Ralph E (SVP Chief Diversity Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-04-02 Class B Common M 1770.0000 $35.5100 Acquired 1770.0000 Direct
2015-04-02 Class B Common S 671.0000 $90.6775 Disposed 1099.0000 Direct
2015-04-02 Class B Common F 1099.0000 $89.0900 Disposed 0.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-04-02 Stock Appreciation Right $35.5100 M 1770.0000 Disposed 2018-04-30 Class B Common (1770.0000) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Units $ Class B Common (348.0000) 348.0000 Direct
Restricted Stock Units $ Class B Common (284.0000) 284.0000 Direct
Restricted Stock Units $ Class B Common (119.0000) 119.0000 Direct
Restricted Stock Units $ Class B Common (143.0000) 143.0000 Direct
Stock Appreciation Right $27.0500 2019-04-30 Class B Common (1180.0000) 1180.0000 Direct
Stock Appreciation Right $46.4000 2021-04-30 Class B Common (1717.0000) 1717.0000 Direct
Stock Appreciation Right $72.4200 2023-04-30 Class B Common (577.0000) 577.0000 Direct
Stock Appreciation Right $91.9700 2024-04-30 Class B Common (667.0000) 667.0000 Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $90.64 to $90.70, 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 purchased at each separate price within the range set forth in this footnote.

F2: The closing price of BF-B ($89.09) on April 1, 2015 was used to calculate the tax withholding obligation.

F3: Each restricted stock unit represents a contingent right to receive one share of Brown-Forman Class B common stock.

F4: The restricted stock units vest May 1, 2015.

F5: The restricted stock units vest May 1, 2016.

F6: The restricted stock units vest May 1, 2017.

F7: The restricted stock units vest May 1, 2018.