SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Holland Augusta Brown

(Last) (First) (Middle)
850 DIXIE HIGHWAY

(Street)
LOUISVILLE KY 40210

(City) (State) (Zip)
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 X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/28/2016
4. If Amendment, Date of 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
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)
Code V Amount (A) or (D) Price
Class A Common 517,105 D
Class A Common 12 I OB2 Reverse QTIP Trust
Class A Common 2,742 I Trust fbo Child-3
Class A Common 20,687 I CLB Trust fbo Cora Holland
Class A Common 241,142 I ABH GRAT 2007
Class A Common 18 I Eleanor Lee Trusts
Class B Common 5,109 I Trust fbo Augusta Holland
Class B Common 12,244 I CLB Trust fbo Owsley Holland
Class A Common 21,728 I CLB Trust fbo Lilla Holland
Class B Common 95,485 I OB3 GST Exempt Trust
Class B Common 202,339 I OB2 Marital Trust
Class B Common 52,591 D
Class A Common 885 I OB2 Martial Trust
Class A Common 316,837 I Hebe Three Limited Partnership
Class A Common 20,439 I Trust fbo Augusta Holland
Class B Common 546 I Hebe Exempt Trust
Class B Common 12,244 I CLB Trust fbo Lilla Holland
Class B Common 11,334 I CLB Trust fbo Cora Holland
Class B Common 174,280 I Trust fbo Barzun Children
Class A Common 115,886 I Trust fbo Children
Class A Common 21,728 I CLB Trust fbo Owsley Holland
Class B Common 51,448 I OB2 Reverse QTIP Trust
Class B Common 910 I Trust fbo Child-1
Class A Common 30,472 I OB3 GST Exempt Trust
Class A Common 3,330,115 I Olympus Three LLC
Class B Common 215,284 I Hebe Three Limited Partnership
Class B Common 45,671 I CLB 2012 Trust
Class B Common 20,805 I CLB Grandchildren Eq. Tr.
Class B Common 6,703,641 I Olympus Three LLC
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 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: 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 (1) 07/28/2016 A 1,093.7797 (2) (2) Class A Common 1,093.7797 $0 1,690.8305 D
Explanation of Responses:
1. Under the Brown-Forman Corporation Non-Employee Director Deferred Stock Unit Program, each DSU represents the right to receive one share of the Company's Class A common stock. Grants made on July 28, 2016, were based on the closing price of the Company's Class A common stock on that date ($XXX.XX). On each dividend payment date, participants are credited with DSU equivalents, and the DSU total on this form has been updated to reflect such credits.
2. 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.
Remarks:
Michael E. Carr, Jr., Attorney in Fact for Augusta Brown Holland 08/01/2016
** 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.
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