BROWN FORMAN CORP — Director's Dealing 2017

Apr 4, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROWN FORMAN CORP (BFA, BFB)
CIK: 0000014693
Period of Report: 2017-04-03

Reporting Person: Brown George Garvin IV (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-03	Class B Common	J	20053	$46.365	Disposed	534392	Direct
2017-04-03	Class B Common	J	2800	$46.365	Acquired	37636	Indirect
2017-04-03	Class B Common	J	17253	$46.365	Acquired	17253	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common	26159.0261	Indirect
Class B Common	7390	Indirect
Class B Common	156600	Indirect
Class B Common	510337	Indirect
Class B Common	5946	Indirect

Footnotes

F1: On April 3, 2017, the reporting person exchanged Class B shares for cash held by two GRATs. The reporting person disclaims beneficial ownership of the shares held by the GRATs except to the extent of his pecuniary interest therein.

F2: The mean price of the issuer's Class B common stock as of March 31, 2017 ($46.365) was used to value the transactions.

F3: Number of shares acquired through the issuer's 401(k) plan as of March 27, 2017.