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BROWN FORMAN CORP Director's Dealing 2016

Aug 1, 2016

30482_dirs_2016-08-01_3a9b761b-b5cd-4eb9-b7af-0ead535a8808.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2016-07-28

Reporting Person: Hamel Matthew E (EVP, Gen Counsel and Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-07-28 Class B Common M 3800 $33.65 Acquired 5306.0997 Direct
2016-07-28 Class B Common F 2323 $98.01 Disposed 2983.0997 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-07-28 Stock Appreciation Right $98.01 A 22172 Acquired 2026-04-30 Class B Common (22172.0) Direct
2016-07-28 Stock Appreciation Right $33.65 M 3800 Disposed 2017-04-30 Class B Common (3800.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common 10633 Direct
Class A Common 608.1374 Indirect
Class B Common 35.7332 Indirect
Class B Common 5404.2018 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Appreciation Right $35.51 2018-04-30 Class B Common (14647.0) 14647 Direct
Stock Appreciation Right $27.05 2019-04-30 Class B Common (29998.0) 29998 Direct
Stock Appreciation Right $38.43 2020-04-30 Class B Common (25177.0) 25177 Direct
Stock Appreciation Right $46.4 2021-04-30 Class B Common (23942.0) 23942 Direct
Stock Appreciation Right $58.7 2022-04-30 Class B Common (22195.0) 22195 Direct
Stock Appreciation Right $72.42 2023-04-30 Class B Common (16847.0) 16847 Direct
Stock Appreciation Right $91.97 2024-04-30 Class B Common (13222.0) 13222 Direct
Stock Appreciation Right $102.25 2025-04-30 Class B Common (15084.0) 15084 Direct

Footnotes

F1: On July 7, 2016, the reporting person transferred 1,506.0997 shares from his ESPP account to direct holdings.

F2: The closing price of BF-B on July 28, 2016, was used to calculate the withholding obligation.

F3: Number of shares acquired through the issuer's dividend reinvestment plan as of July 27, 2016.

F4: Number of shares acquired through the issuer's employee stock purchase program as of July 27, 2016. Total has been updated to reflect the transfer of 1,506.0997 shares from the ESPP to the reporting person's direct holdings on July 7, 2016.

F5: Number of shares acquired through the issuer's 401(k) plan as of July 27, 2016.

F6: No money was paid to or received by the reporting person for these SSARs.