BROWN FORMAN CORP — Director's Dealing 2016

Mar 31, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2015-12-07

Reporting Person: Holland Augusta Brown (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-08	Class A Common	G	125	—	Acquired	517105	Direct
2015-12-08	Class A Common	G	125	—	Acquired	2375	Indirect
2015-12-07	Class A Common	G	886	—	Disposed	0	Indirect
2015-12-07	Class B Common	G	222	—	Disposed	0	Indirect
2015-12-09	Class A Common	G	13626	—	Acquired	30472	Indirect
2015-12-09	Class A Common	G	5358	—	Acquired	5358	Indirect
2015-12-10	Class A Common	G	792	—	Acquired	126881	Indirect
2015-12-07	Class A Common	G	886	—	Acquired	115886	Indirect
2015-12-07	Class B Common	G	222	—	Acquired	96196	Indirect
2015-12-08	Class A Common	G	125	—	Acquired	3783	Indirect
2015-12-08	Class A Common	G	125	—	Acquired	2742	Indirect
2015-12-08	Class A Common	G	125	—	Acquired	2742	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common	241142	Indirect
Class B Common	56301	Indirect
Class A Common	42154	Indirect
Class A Common	44301	Indirect
Class B Common	2356	Indirect
Class A Common	2290	Indirect
Class B Common	45671	Indirect
Class A Common	196272	Indirect
Class B Common	122685	Indirect
Class A Common	18	Indirect
Class B Common	12895	Indirect
Class B Common	51440	Indirect
Class B Common	201736	Indirect
Class B Common	546	Indirect
Class A Common	316837	Indirect
Class B Common	215284	Indirect
Class B Common	959	Indirect
Class B Common	95485	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Deferred Stock Units	$		Class A Common (591.64)	591.64	Direct

Footnotes

F1: Formerly known as Trust fbo Owsley Brown III.

F2: Under the Brown-Forman Non-Employee Director Deferred Stock Unit Program each DSU represents the right to receive one share of the Company's Class A common stock. Grants made on July 23, 2015, were based on the closing price of the Company's Class A common stock on that date ($111.30). On each dividend payment date, participants are creditied with DSU equivalents.

F3: Annual grants of DSUs vest over the course of the Board year. DSUs are paid out in Class A common stock on the first February 1 that is at least six months following the Director's termination from Board service.