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*
Frazier Laura

(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 X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/19/2012
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 207,313 (4) D
Class A Common 354 (5) I Cordt Huneke Trust
Class A Common 354 (5) I Chase Huneke Trust
Class A Common 354 (5) I Brooke Huneke Trust
Class A Common 354 (5) I Kelli Huneke Trust
Class A Common 5,922 (6) I Brooke Huneke UTMA
Class A Common 5,922 (6) I Kelli Huneke UTMA
Class A Common 4,860 (7) I Annsley Frazier Thorton Trust
Class A Common 01/03/2012 G (1) 39,368 D (1) 8,480,822 (8) I Avish Agincourt, LLC
Class A Common 04/02/2012 G (1) 36,987 D (1) 8,480,882 I Avish Agincourt, LLC
Class A Common 07/02/2012 G (1) V 32,154 D (1) 8,480,882 I Avish Agincourt, LLC
Class A Common 10/19/2012 J (2) 590,039 A (2) 8,480,882 I Avish Agincourt, LLC
Class B Common 223,213 (9) D
Class B Common 1,290 (10) I Cordt Huneke Trust
Class B Common 1,702 (11) I Chase Huneke Trust
Class B Common 1,702 (11) I Brooke Huneke Trust
Class B Common 1,702 (11) I Kelli Huneke Trust
Class B Common 5,155 (12) I Brooke Huneke UTMA
Class B Common 5,065 (13) I Kelli Huneke UTMA
Class B Common 01/03/2012 G (1) 25,000 D (1) 5,385,486 (14) I Avish Agincourt, LLC
Class B Common 04/02/2012 G (1) 23,487 D (1) 5,385,486 I Avish Agincourt, LLC
Class B Common 07/02/2012 G (1) V 20,418 D (1) 5,385,486 I Avish Agincourt, LLC
Class B Common 10/19/2012 J (2) 374,684 A (2) 5,385,486 I Avish Agincourt, LLC
Class B Common 08/16/2012 W (3) V 1,093,749 A $0 1,093,749 I OBF Revocable Trust
Class B Common 10/19/2012 S (2) 534,545 D $67.11 559,204 I OBF Revocable Trust
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. Represents three transfers of units of Avish Agincourt LLC from a trust of which the reporting person is trustee to a revocable trust, in satisfaction of a private annuity arrangement analogous to a grantor retained annuity trust.
2. Represents private transaction involving the exchange of Class B shares in consideration of the acquisition by a revocable trust of additional limited partnership units in a charitable limited partnership, which holds Avish Agincourt LLC units and is controlled by the reporting person. The reporting person disclaims beneficial ownership of all entities except to the extent of her pecuniary interest therein.
3. On August 16, 2012, the reporting person became trustee of this trust.
4. 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 additional 69,104 shares of Class A common stock.
5. Includes 118 additional Class A shares of common stock issued in the August stock split.
6. Includes 1,974 additional Class A shares of common stock issued in the August stock split.
7. Includes 1,620 additional Class A shares of common stock issued in the August stock split.
8. Includes 2,826,960 additional Class A shares of common stock issued in the August stock split.
9. Includes 74,404 additional Class B shares of common stock issued in the August stock split.
10. Includes 430 additional Class B shares of common stock issued in the August stock split.
11. Includes 567 additional Class B shares of common stock issued in the August stock split.
12. Includes 1,718 additional Class B shares of common stock issued in the August stock split.
13. Includes 1,688 additional Class B shares of common stock issued in the August stock split.
14. Total has been updatedto reflect the redemption of another member's interest in Avish Agincourt, LLC which redemption did not affect the reporting person's pecuniary interest, and also 1,795,162 shares received in the August 2012 stock split.
Remarks:
Diane Barhorst, Attorney in Fact for Laura Frazier 10/23/2012
** 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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