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*
Jones Jill Ackerman

(Last) (First) (Middle)
850 DIXIE HWY

(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)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
01/15/2013
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 8,527 (1) D
Class A Common 2,212.3 (2) I ESPP
Class B Common 01/15/2013 P 2,060 A $63.4399 (3) 3,840 (4) D
Class B Common 45 (5) I Trust FBO Child
Class B Common 45 (5) I Trust FBO Child
Class B Common 298.25 (6) I ESPP
Class B Common 6,660.2 (7) I 401(k) Plan
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 $30.36 (8) 05/01/2008 04/30/2015 Class B Common 5,553 (8) 5,553 (8) D
Stock Appreciation Right $37.13 (9) 05/01/2009 04/30/2016 Class B Common 3,009 (9) 3,009 (9) D
Stock Appreciation Right $35.87 (10) 05/01/2010 04/30/2017 Class B Common 6,117 (10) 6,117 (10) D
Stock Appreciation Right $37.72 (11) 05/01/2011 04/30/2018 Class B Common 8,192 (11) 8,192 (11) D
Stock Appreciation Right $28.74 (12) 05/01/2012 04/30/2019 Class B Common 12,945 (12) 12,945 (12) D
Stock Appreciation Right $40.83 (13) 05/01/2013 04/30/2020 Class B Common 14,217 (13) 14,217 (13) D
Stock Appreciation Right $49.3 (14) 05/01/2014 04/30/2021 Class B Common 15,773 (14) 15,773 (14) D
Stock Appreciation Right $62.36 (15) 05/01/2015 04/30/2022 Class B Common 10,445 (15) 10,445 (15) D
Explanation of Responses:
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 2,852 additional Class A shares of common stock.
2. Number of Class A shares the reporting person has acquired through the Brown-Forman Corporation Employee Stock Purchase Program as of close of business on January 15, 2013, including 676.64 additional Class A shares of common stock issued in the August stock split.
3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $63.4393 to $63.44, 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 purchased at each separate price within the range set forth in footnote (3) to this Form 4.
4. Includes 5,934 additional Class B shares of common stock issued in the August stock split.
5. Includes 15 additional Class B shares of common stock issued in the August stock split.
6. Number of Class B shares the reporting person has acquired through the Brown-Forman Corporation Employee Stock Purchase Program as of close of business on January 15, 2013, including additional 92.77 Class B shares of common stock issued in the August stock split.
7. Number of shares the reporting person has acquired under the Brown-Forman 401(k) plan as of January 16, 2013, including additional Class B shares of Class B common stock issued in the August stock split.
8. These stock appreciation rights were previously reported as covering 3,702 shares at an exercise price of $45.53, but were adjusted to reflect the August 2012 stock split.
9. These stock appreciation rights were previously reported as covering 2,006 shares at an exercise price of $55.69, but were adjusted to reflect the August 2012 stock split.
10. These stock appreciation rights were previously reported as covering 4,078 shares at an exercise price of $53.80, but were adjusted to reflect the August 2012 stock split.
11. These stock appreciation rights were previously reported as covering 5,461 shares at an exercise price of $56.58, but were adjusted to reflect the August 2012 stock split.
12. These stock appreciation rights were previously reported as covering 8,630 shares at an exercise price of $43.10, but were adjusted to reflect the August 2012 stock split.
13. These stock appreciation rights were previously reported as covering 9,478 shares at an exercise price of $61.24, but were adjusted to reflect the August 2012 stock split.
14. These stock appreciation rights were previously reported as covering 10,515 shares at an exercise price of $73.95, but were adjusted to reflect the August 2012 stock split.
15. These stock appreciation rights were previously reported as covering 6,963 shares at an exercise price of $93.54, but were adjusted to reflect the August 2012 stock split.
Remarks:
Diane M. Barhorst, Attorney-in-Fact for Jill Ackerman Jones 01/17/2013
** 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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