BROWN FORMAN CORP — Director's Dealing 2016

Aug 1, 2016

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: Whiting Lawson E (EVP, Chief Brands & Strategy)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-07-28	Stock Appreciation Right	$98.01	A	11348	Acquired	2026-04-30	Class B Common (11348.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common	1540.591	Direct
Class A Common	1.6617	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$27.05	2019-04-30	Class B Common (4124.0)	4124	Direct
Stock Appreciation Right	$38.43	2020-04-30	Class B Common (3955.0)	3955	Direct
Stock Appreciation Right	$46.4	2021-04-30	Class B Common (8578.0)	8578	Direct
Stock Appreciation Right	$58.7	2022-04-30	Class B Common (7759.0)	7759	Direct
Stock Appreciation Right	$72.42	2023-04-30	Class B Common (8592.0)	8592	Direct
Stock Appreciation Right	$91.97	2024-04-30	Class B Common (6039.0)	6039	Direct
Stock Appreciation Right	$102.25	2025-04-30	Class B Common (7870.0)	7870	Direct

Footnotes

F1: Number of shares acquired through the issuer's dividend reinvestment plan as of July 27, 2016.

F2: No money was paid to or received by the reporting person for these SSARs.