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: Hawley Kirsten M (SVP, Chief HR Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-07-28	Stock Appreciation Right	$98.01	A	6984	Acquired	2026-04-30	Class B Common (6984.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common	473	Direct
Class A Common	6.6925	Indirect
Class B Common	993	Direct
Class B Common	1997.6574	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$58.7	2022-04-30	Class B Common (1960.0)	1960	Direct
Stock Appreciation Right	$72.42	2023-04-30	Class B Common (2518.0)	2518	Direct
Stock Appreciation Right	$91.97	2024-04-30	Class B Common (2223.0)	2223	Direct
Stock Appreciation Right	$102.25	2025-04-30	Class B Common (5509.0)	5509	Direct

Footnotes

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

F2: Number of shares acquired through the issuer's 401(k) plan as of July 27, 2016.

F3: No money was paid to or received by the reporting person for these SSARs.