Brown-Forman (BF-A) Form 4 BROWN FORMAN / Owsley Brown III 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^*

Brown Owsley III

(Last) (First) (Middle)

850 DIXIE HIGHWAY

(Street)

LOUISVILLE KY 40210

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BROWN FORMAN CORP [ BF'B ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2015

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	05/28/2015		J(1)		3,430	A	$94.16	45,671	I	CLB 2012 Trust
Class B Common	06/22/2015		W		253,176	D	$0.0000	0.0000	I	Estate of Owsley Brown II
Class B Common	06/22/2015		W		51,440	A	$0.0000	51,440	I	GST Exempt QTIP Trust
Class B Common	06/22/2015		W		201,736	A	$0.0000	201,736	I	GST Non-Exempt QTIP Trust
Class A Common								151	D
Class B Common								562	I	c/f Child-1
Class B Common								562	I	c/f Child-2
Class A Common								2,290	I	CLB 2012 Trust
Class A Common								196,272	I	CLB Grandchildren Eq. Tr.
Class B Common								122,685	I	CLB Grandchildren Eq. Tr.
Class A Common								18	I	Eleanor Lee Trusts
Class B Common								12,895	I	Eleanor Lee Trusts
Class A Common								18,873	I	GRAT #1
Class A Common								18,873	I	GRAT #2
Class B Common								546	I	Hebe Exempt Trust
Class A Common								316,837	I	Hebe Three Limited Partnership
Class B Common								215,284	I	Hebe Three Limited Partnership
Class A Common								3,330,115	I	Olympus Three LLC
Class B Common								6,703,641	I	Olympus Three LLC
Class A Common								10,523	I	Trust fbo Child-1
Class B Common								1,972	I	Trust fbo Child-1
Class A Common								10,331	I	Trust fbo Child-2
Class B Common								1,924	I	Trust fbo Child-2
Class A Common								3,106	I	Trust fbo Child-3
Class B Common								117	I	Trust fbo Child-3
Class A Common								20,439	I	Trust fbo Owsley Brown III
Class B Common								5,109	I	Trust fbo Owsley Brown III
Class A Common								2,500	I	Trust fbo Victoire Brown
Class B Common								712	I	Trust fbo Victoire Brown
Class A Common								13,063	I	Woodford Partners California, 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

Explanation of Responses:

1. On May 28, 2015, a family member of the reporting person exchanged Class B shares for other assets held by a family trust.

Remarks:

The reporting person disclaims beneficial ownership of shares held by entities set forth on this form except to the extent of his pecuniary interest therein.

	Kelly A. Bowen, Attorney in Fact for Owsley Brown III	07/23/2015
	** 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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