Edgar Filing: Brown Christina Lee

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 Christina Lee

2. Issuer Name and Ticker or Trading Symbol
BROWN FORMAN CORP [BFA, BFB]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

850 DIXIE HWY

3. Date of Earliest Transaction (Month/Day/Year)
10/04/2012

(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 A Common								257,700 ⁽¹⁾	D
Class A Common								504,775 ⁽²⁾	I	Owsley Brown II 1994 GRAT
Class A Common								816,126 ⁽³⁾	I	Owsley Brown II 2001 GRAT
Class A Common								297,048 ⁽⁴⁾	I	Owsley Brown II 2002 GRAT
Class A Common								67,714 ⁽⁵⁾	I	Trust u/a Owsley Brown III
Class A Common								3,330,114 ⁽⁶⁾	I	Olympus Three, LLC
Class B Common	10/04/2012		M		154,440	A	$ 20.12	218,629 ⁽⁷⁾	D
Class B Common	10/04/2012		F		92,170	D	$ 67.17 ⁽¹⁶⁾	126,459	D
Class B Common	10/04/2012		S		24,361	D	$ 66.56 ⁽¹⁷⁾	102,098	D
Class B Common	10/05/2012		S		37,909	D	$ 66.57 ⁽¹⁸⁾	64,189	D
Class B Common								1,980 ⁽⁸⁾	I	Owsley Brown II IRA
Class B Common								126,193 ⁽⁹⁾	I	Owsley Brown II 1994 GRAT
Class B Common								210,723 ⁽¹⁰⁾	I	Owsley Brown II 2001 GRAT
Class B Common								78,964 ⁽¹¹⁾	I	Owsley Brown II 2002 GRAT
Class B Common								6,703,641 ⁽¹²⁾	I	Olympus Three, LLC

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

Class B Common

$ 20.12 ⁽¹³⁾

10/04/2012

154,440

05/01/2006

04/30/2013

Non-Qualified Stock Option (right to buy)

154,440 ⁽¹³⁾

$ 0

0 ⁽¹³⁾

Class B Common

$ 23.89 ⁽¹⁴⁾

05/01/2007

04/30/2014

Non-Qualified Stock Option (right to buy)

123,579 ⁽¹⁴⁾

Class B Common

$ 35.75 ⁽¹⁵⁾

11/15/2007

07/24/2015

Stock Appreciation Right

4,998 ⁽¹⁵⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Brown Christina Lee 850 DIXIE HWY LOUISVILLE, KY 40210		X

Signatures

Diane M. Barhorst, Atty in Fact for Christina Lee Brown		10/09/2012
^**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 10, 2012, the Class A and Class B common stock of Brown-Forman Corporation split 3-2, resulting in the reporting person's acquisition of 85,900 additional shares of Class A common stock.
(2)	Includes 168,258 additional Class A shares of common stock issued in the August stock split.
(3)	Includes 272,042 additional Class A shares of common stock issued in the August stock split.
(4)	Includes 99,016 additional Class A shares of common stock issued in the August stock split.
(5)	Includes 22,571 additional Class A shares of common stock issued in the August stock split.
(6)	Includes 1,110,037 additional Class A shares of common stock issued in the August stock split.
(7)	Includes 21,396 additional Class B shares of common stock issued in the August stock split.
(8)	Includes 660 additional Class B shares of common stock issued in the August stock split.
(9)	Includes 42,064 additional Class B shares of common stock issued in the August stock split.
(10)	Includes 70,241 additional Class B shares of common stock issued in the August stock split.
(11)	Includes 26,321 additional Class B shares of common stock issued in the August stock split.
(12)	Includes 2,234,547 additional Class B shares of common stock issued in the August stock split.
(13)	These stock options were previously reported as covering 102,960 Class B shares at an exercise price of $30.18, but were adjusted to reflect the August 2012 stock split.
(14)	These stock options were previously reported as covering 82,386 Class B shares at an exercise price of $35.83, but were adjusted to reflect the August 2012 stock split.
(15)	These stock appreciation rights were previously reported as covering 3,332 Class B shares at an exercise price of $53.62, but were adjusted to reflect the August 2012 stock split.
(16)	The closing price of BF-B ($67.17) on October 3, 2012 was used to calculate the tax withholding obligations.
(17)	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.50 to $66.86, inclusive. The reporting person undertakes to provide to Brown-Forman Corporation, any security holder of Brown-Forman Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
(18)	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.50 to $66.79, inclusive. The reporting person undertakes to provide to Brown-Forman Corporation, any security holder of Brown-Forman Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.

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