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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3235-0287

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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)
12/27/2012

(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	D
Class A Common								504,775	I	Owsley Brown II 1994 GRAT
Class A Common								67,714	I	Trust u/a Owsley Brown III
Class A Common	12/27/2012		G⁽¹⁾	V	816,126	D	⁽¹⁾	0	I	Owsley Brown II 2001 GRAT
Class A Common	12/27/2012		G⁽¹⁾	V	297,048	D	⁽¹⁾	0	I	Owsley Brown II 2002 GRAT
Class A Common	12/27/2012		G⁽¹⁾	V	1,113,174	A	⁽¹⁾	1,277,100	I	Estate of Owsley Brown II
Class A Common	12/27/2012		J⁽²⁾⁽³⁾		1,113,174	D	⁽²⁾ ⁽³⁾	163,926	I	Estate of Owsley Brown II
Class A Common	12/27/2012		J⁽²⁾⁽³⁾		1,113,174	A	⁽²⁾ ⁽³⁾	1,113,174	I	Polaris LLC
Class A Common	12/30/2012		J⁽²⁾⁽³⁾		126,544	D	⁽²⁾ ⁽³⁾	3,300,114	I	Olympus Three LLC
Class A Common	12/30/2012		J⁽²⁾⁽³⁾		126,544	A	⁽²⁾ ⁽³⁾	3,330,114	I	Olympus Three, LLC
Class A Common	12/31/2012		J⁽²⁾⁽³⁾		163,926	D	⁽²⁾ ⁽³⁾	0	I	Estate of Owsley Brown II
Class A Common	12/31/2012		J⁽²⁾⁽³⁾		163,926	A	⁽²⁾ ⁽³⁾	1,277,100	I	Polaris LLC
Class B Common								64,189	D
Class B Common								1,980	I	Owsley Brown II IRA
Class B Common								126,193	I	Owsley Brown II 1994 GRAT
Class B Common	12/27/2012		G⁽¹⁾	V	210,723	D	⁽¹⁾	0	I	Owsley Brown II 2001 GRAT
Class B Common	12/27/2012		G⁽¹⁾	V	78,964	D	⁽¹⁾	0	I	Owsley Brown II 2002 GRAT
Class B Common	12/27/2012		G⁽¹⁾	V	289,687	A	⁽²⁾	596,776	I	Estate of Owsley Brown II
Class B Common	12/27/2012		J⁽²⁾⁽³⁾		289,687	D	⁽²⁾ ⁽³⁾	307,089	I	Estate of Owsley Brown II
Class B Common	12/27/2012		J⁽²⁾⁽³⁾		289,687	A	⁽²⁾ ⁽³⁾	289,687	I	Polaris LLC
Class B Common	12/30/2012		J⁽²⁾⁽³⁾		254,738	D	⁽²⁾ ⁽³⁾	6,703,641	I	Olympus Three LLC
Class B Common	12/30/2012		J⁽²⁾⁽³⁾		254,738	A	⁽²⁾ ⁽³⁾	6,703,641	I	Olympus Three LLC
Class B Common	12/31/2012		J⁽²⁾⁽³⁾		53,913	D	⁽²⁾ ⁽³⁾	253,176	I	Estate of Owsley Brown II
Class B Common	12/31/2012		J⁽²⁾⁽³⁾		53,913	A	⁽²⁾ ⁽³⁾	343,600	I	Polaris LLC

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	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.		SEC 1474 (9-02)

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

Non-Qualified Stock Option (right to buy)

$ 22.49 ⁽⁴⁾

05/01/2007

04/30/2014

Class B Common

131,303 ⁽⁴⁾

Stock Appreciation Right

$ 33.65 ⁽⁴⁾

11/15/2007

07/24/2015

Class B Common

5,311 ⁽⁴⁾

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		01/31/2013
^**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 December 27, 2012, the Owsley Brown II 2001 GRAT and Owsley Brown II 2002 GRAT terminated and delivered their shares to the Estate of Owsley Brown II. The reporting person was appointed administrator of the Estate in October 2011, and disclaims beneficial ownership of the shares held by the Estate except to the extent of her pecuniary interest therein.
(2)	On December 27, 2012, in a series of nearly simultaneous transactions, the Estate of Owsley Brown II transferred shares to the Owsley Brown Marital Trust, which transferred them to the reporting person, who transferred them to Polaris LLC. In a similar series of transactions on December 30, 2012, the Estate transferred a 3.8% interest in Olympus Three LLC to the Marital Trust, which transferred it to the reporting person, who transferred it to Polaris LLC. Finally, in a similar series of transactions on December 31, 2012, the Estate transferred 151,155 Class A shares and 50, 477 Class B shares to the Marital Trust, which transferred them to the reporting person, who transferred them to Polaris LLC. Also on December 31, 2012, the Estate transferred 12,771 Class A shares and 3,436 Class B shares directly to Polaris LLC.
(3)	The reporting person continued to have a pecuniary interest in the shares throughout these transactions, but disclaims beneficial ownership of the shares held by Polaris LLC and by Olympus Three except to the extent of such interest.
(4)	All outstanding derivative security amounts and exercise prices were adjusted on December 27, 2012, the record date for the Issuer's December 12, 2012 special cash dividend.

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