Brown-Forman (BF-A) Form 4 BROWN FORMAN / Chabert Ralph E de ownership change

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^*

de Chabert Ralph E

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP, Chief Diversity Officer

3. Date of Earliest Transaction (Month/Day/Year)
04/14/2016

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 B Common	04/14/2016		M		1,108	A	$35.51	1,332	D
Class B Common	04/14/2016		M		590	A	$27.05	1,922	D
Class B Common	04/14/2016		S		706	D	$95	1,216	D
Class B Common	04/14/2016		F		992	D	$95.04(1)	224	D

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
Stock Appreciation Right	$35.51	04/14/2016		M			1,108	05/01/2011	04/30/2018	Class B Common	1,108	$0	0	D
Stock Appreciation Right	$27.05	04/14/2016		M			590	05/01/2012	04/30/2019	Class B Common	590	$0	590	D
Restricted Stock Units	(2)							04/30/2016(3)	(3)	Class B Common	284		284	D
Restricted Stock Units	(2)							04/30/2018(4)	(4)	Class B Common	143		143	D
Restricted Stock Units	(2)							04/30/2017(5)	(5)	Class B Common	119		119	D
Stock Appreciation Right	$46.4							05/01/2014	04/30/2021	Class B Common	1,717		1,717	D
Stock Appreciation Right	$72.42							05/01/2016	04/30/2023	Class B Common	577		577	D
Stock Appreciation Right	$91.97							05/01/2017	04/30/2024	Class B Common	667		667	D
Stock Appreciation Right	$102.25							05/01/2018	04/30/2025	Class B Common	2,808		2,808	D

Explanation of Responses:

1. The closing price of BF-B ($95.04) on April 13,2016 was used to calculate the withholding obligation.

2. Each restricted stock unit represents a contingent right to receive one share of Brown-Forman Class B common stock.

3. The Restricted Stock Units were granted on July 26, 2012, and vest April 30, 2016.

4. The Restricted Stock Units were granted on July 24, 2014, and vest April 30, 2018.

5. The Restricted Stock Units were granted on July 25, 2013, and vest April 30, 2017.

Remarks:

	Kelly A. Bowen, Attorney in Fact for Ralph E. de Chabert	04/15/2016
	** 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).
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