FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Brown George Garvin IV
2. Issuer Name and Ticker or Trading Symbol

BROWN FORMAN CORP [ BFA, BFB ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

850 DIXIE HIGHWAY
3. Date of Earliest Transaction (MM/DD/YYYY)

3/23/2016
(Street)

LOUISVILLE, KY 40210
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class B Common   9/4/2015     G   V 36   D $0   273427   D    
Class B Common   10/9/2015     G   V 1630   D $0   271797   D    
Class B Common   10/9/2015     G   V 520   A $0   3095   I   Crummey Trust  
Class B Common   10/9/2015     G   V 1370   A $0   2973   I   Spouse's trust  
Class A Common   3/22/2016     G   V 47625   D $0   69010   D    
Class A Common   3/22/2016     G   V 47625   A $0   47625   I   Sullivan Street Partners  
Class A Common   3/23/2016     G   V 1650   D $0   67360   D    
Class A Common   3/23/2016     G   V 1400   A $0   7471   I   Spouse's trust  
Class A Common   3/23/2016     J (1)    9523   D $105.225   (2) 57837   D    
Class A Common   3/23/2016     J (1)    9523   A $105.225   (2) 104457   I   2012 GRAT  
Class B Common                  12891.1691   I   By 401k   (3)
Class A Common                  57837   D    
Class A Common                  10190   I   2010 GRAT  
Class B Common                  17418   I   2010 GRAT  
Class B Common                  2746   I   CBGB LLC  
Class A Common                  7346   I   Crummey Trust  
Class A Common                  11620   I   GGB IV CLAT  
Class A Common                  529554   I   GGB4 2010 #1 LP  
Class B Common                  78300   I   GGB4 2010#2 LLC  
Class A Common                  496   I   GGB4 2010#2 LLC  
Class A Common                  2580235.50   I   GGB4 2012 LP  
Class B Common                  255168   I   GGB4 2012 LP  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Stock Units     (4)                    (5)   (5) Class A Common   3161.58     3161.58   D    
Stock Appreciation Right   $34.95                    5/1/2009   4/30/2016   Class B Common   1467.0     1467   D    
Stock Appreciation Right   $35.51                    5/1/2011   4/30/2018   Class B Common   1542.0     1542   D    
Stock Appreciation Right   $27.05                    5/1/2012   4/30/2019   Class B Common   4714.0     4714   D    
Restricted Stock Units     (6)                  4/30/2016   (7)   (7) Class B Common   3124.0     3124   D    
Restricted Stock Units     (6)                  4/30/2017   (8)   (8) Class B Common   3936.0     3936   D    
Restricted Stock Units     (6)                  4/30/2018   (9)   (9) Class B Common   3426.0     3426   D    
Restricted Stock Units     (6)                  4/30/2019   (10)   (10) Class B Common   380.0     380   D    
Stock Appreciation Right   $33.76                    5/1/2010   4/30/2017   Class B Common   1679.0     1679   D    

Explanation of Responses:
( 1)  On March 23, 2016, the reporting person exchanged Class A shares for cash held by a GRAT. The reporting person disclaims beneficial ownership of the shares by the GRAT except to the extent of his pecuniary interest therein.
( 2)  The mean price of the issuer's Class A Common stock as of March 23, 2016 ($105.225) was used to value the transaction.
( 3)  Number of shares acquired through the issuer's 401(k) plan as of March 24, 2016.
( 4)  Under the Brown-Forman Corporation 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 credited with DSU equivalents.
( 5)  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.
( 6)  Each restricted stock unit represents a contingent right to receive one share of Brown-Forman Class B common stock.
( 7)  The Restricted Stock Units were granted on July 26, 2012, and vest on April 30, 2016.
( 8)  The Restricted Stock Units were granted on July 25, 2013, and vest on April 30, 2017.
( 9)  The Restricted Stock Units were granted on July 24, 2014, and vest on April 30, 2018.
( 10)  The Restricted Stock Units were granted on July 23, 2015, and vest on April 30, 2019.

Remarks:
The reporting person disclaims beneficial ownership of the shares held by trusts and entities set forth in this form except to the extent of his pecuniary interest therein.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Brown George Garvin IV
850 DIXIE HIGHWAY
LOUISVILLE, KY 40210
X



Signatures
Kelly Bowen, Atty. in Fact for George Garvin Brown IV 3/25/2016
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Brown Forman (NYSE:BF.B)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Brown Forman Charts.
Brown Forman (NYSE:BF.B)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Brown Forman Charts.