Edgar Filing: BROWN FORMAN CORP

Ownership Submission

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

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Brown Campbell P

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 (Month/Day/Year)
03/23/2017

(Street)

LOUISVILLE, KY 40210

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common	09/13/2016		G	V	1,200	D	$ 0	625,135 ⁽¹⁾	D
Class A Common	02/13/2017		G	V	1,150	D	$ 0	1,609,476 ⁽²⁾	D
Class A Common	02/13/2017		G	V	575	A	$ 0	17,159 ⁽³⁾	I	Trust FBO Geo Garvin Brown IV
Class A Common	03/23/2017		J⁽⁴⁾		3,000,000	D	⁽⁴⁾	963,536 ⁽⁵⁾	I	Brown Barker 2013 LLC
Class A Common								1,059,108 ⁽⁶⁾	I	CPB 2010 #1 LLC
Class A Common								142,500 ⁽⁷⁾	I	Trust FBO Campbell P. Brown
Class A Common								142,500 ⁽⁷⁾	I	Trust FBO Geo Garvin Brown IV (Irrev)
Class B Common								540,883 ⁽⁸⁾	I	Brown Barker 2013 LLC
Class B Common								15,737.1308 ⁽⁹⁾	I	By 401k
Class B Common								0 ⁽¹⁰⁾	I	CBGB LLC
Class B Common								36 ⁽¹¹⁾	I	Child #1
Class B Common								36 ⁽¹¹⁾	I	Child #2
Class B Common								48,435 ⁽¹²⁾	I	CPB 2010 #2 LLC
Class B Common								9,387.8618 ⁽¹³⁾	I	ESPP
Class B Common								2,706 ⁽¹⁴⁾	I	Trust FBO Geo Garvin Brown IV

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction 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
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Restricted Stock Units

⁽¹⁵⁾

05/01/2017

⁽¹⁵⁾

Class B Common

1,726

1,726 ⁽¹⁶⁾

Restricted Stock Units

⁽¹⁷⁾

05/01/2018

⁽¹⁷⁾

Class B Common

952

952 ⁽¹⁸⁾

Restricted Stock Units

⁽¹⁹⁾

05/01/2019

⁽¹⁹⁾

Class B Common

2,916

2,916 ⁽²⁰⁾

Stock Appreciation Right

$ 16.88 ⁽²¹⁾

07/26/2007

04/30/2017

Class B Common

3,748 ⁽²¹⁾

Stock Appreciation Right

$ 17.755 ⁽²²⁾

07/24/2008

04/30/2018

Class B Common

3,438

3,438 ⁽²²⁾

Stock Appreciation Right

$ 19.215 ⁽²³⁾

07/22/2010

04/30/2020

Class B Common

1,774

1,774 ⁽²³⁾

Stock Appreciation Right

$ 45.985 ⁽²⁴⁾

07/24/2014

04/30/2024

Class B Common

2,224

2,224 ⁽²⁴⁾

Stock Appreciation Right

$ 49.005 ⁽²⁵⁾

05/01/2019

04/30/2026

Class B Common

5,702

5,702 ⁽²⁵⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Brown Campbell P 850 DIXIE HIGHWAY LOUISVILLE, KY 40210	X

Signatures

Michael E. Carr, Jr., Attorney in Fact for Campbell P. Brown		03/27/2017
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	On August 18, 2016, the Class A and Class B common stock of Brown-Forman Corporation split 2-1, resulting in the reporting person's acquisition of 311,794 additional shares. Total also updated to reflect the acquisition of 2,747 additional shares resulting from the dissolution of CBGB LLC on September 14, 2016, and to correct prior reporting error.
(2)	Reflects the acquisition of 805,313 additional shares in the August 2016 stock split.
(3)	Reflects the acquisition of 8,042 additional shares in the August 2016 stock split and total corrected as a result of a prior reporting error.
(4)	Reflects contribution of shares to a limited liability company.
(5)	Reflects the acquisition of 1,981,768 additional shares in the August 2016 stock split.
(6)	Reflects the acquisition of 529,554 additional shares in the August 2016 stock split.
(7)	Reflects the acquisition of 71,250 additional shares in the August 2016 stock split.
(8)	Reflects the acquisition of 270,442 additional shares in the August 2016 stock split.
(9)	Total updated to reflect shares acquired in the August 2016 stock split.
(10)	Reflects the acquisition of 2,746 additional shares in the August 2016 stock split. Total also updated to reflect the distribution of all shares on September 14, 2016.
(11)	Reflects the acquisition of 18 additional shares in the August 2016 stock split.
(12)	Reflects the acquisition of 24,218 additional shares in the August 2016 stock split.
(13)	Number of shares acquired through the issuer's employee stock purchase program as of March 27, 2017. Total also updated to reflect shares acquired in August 2016 stock split.
(14)	Reflects the acquisition of 1,353 additional shares in the August 2016 stock split.
(15)	The restricted stock units vest May 1, 2017
(16)	Reflects the acquisition of 863 additional restricted stock units in the August 2016 stock split.
(17)	The restricted stock units vest May 1, 2018.
(18)	Reflects the acquisition of 476 additional restricted stock units in the August 2016 stock split.
(19)	The restricted stock units vest May 1, 2019.
(20)	Reflects the acquisition of 1,458 additional restricted stock units in the August 2016 stock split.
(21)	These SSARs were previously reported as covering 1,874 shares at an exercise price of $33.76.
(22)	These SSARs were previously reported as covering 1,719 shares at an exercise price of $35.51.
(23)	These SSARs were previously reported as covering 887 shares at an exercise price of $38.43.
(24)	These SSARs were previously reported as covering 1,112 shares at an exercise price of $91.97.
(25)	These SSARs were previously reported as covering 2,851 shares at an exercise price of $98.01.

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