BROWN FORMAN CORP — Director's Dealing 2017

May 3, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2017-04-30

Reporting Person: Brown George Garvin IV (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-30	Class B Common	M	7872	—	Acquired	544380	Direct
2017-04-30	Class B Common	F	3590	$47.32	Disposed	540790	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-04-30	Restricted Stock Units	$	M	7872	Disposed		Class B Common (7872.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common	37636	Indirect
Class B Common	17253	Indirect
Class B Common	26262.9945	Indirect
Class B Common	7390	Indirect
Class B Common	156600	Indirect
Class B Common	510337	Indirect
Class B Common	5946	Indirect

Footnotes

F1: The restricted stock units were granted on July 25, 2013, and vested April 30, 2017.

F2: The closing price of BF-B on April 28, 2017 was used to calculate the withholding obligation.

F3: Number of shares acquired through the issuer's 401(k) plan as of May 2, 2017.

F4: Each restricted stock unit represents a contingent right to receive one share of Brown-Forman Class B common stock.