SEC FORM 4

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^*

Joy Catherine Frazier

(Last)

(First)

(Middle)

850 DIXIE HIGHWAY

(Street)

LOUISVILLE

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)
12/30/2010

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)
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								126,884	D
Class A Common								15,456	I	Spouse
Class A Common								3,948	I	Caitlin Joy UTMA
Class A Common								7,032	I	Charles Joy UTMA
Class A Common								15,216	I	Christopher Joy UTMA
Class A Common								10,422	I	Alexander Joy UTMA
Class A Common	12/30/2010		G⁽¹⁾	V	131,554	A	$0	5,653,921⁽²⁾	I	Avish Agincourt, LLC
Class A Common	01/03/2011		G⁽³⁾	V	56,380	A	$0	5,653,921	I	Avish Agincourt, LLC
Class A Common								37,556	I	Annsley Thornton Trust
Class B Common								326,366	D
Class B Common								20,484	I	Spouse
Class B Common								3,262	I	Caitlin Joy UTMA
Class B Common								5,930	I	Charles Joy UTMA
Class B Common								13,849	I	Christopher Joy UTMA
Class B Common								8,750	I	Alexander Joy UTMA
Class B Common								27,364	I	Annsley Thornton Trust
Class B Common	12/30/2010		G⁽¹⁾	V	117,531	A	$0	5,051,236⁽²⁾	I	Avish Agincourt, LLC
Class B Common	01/03/2011		G⁽³⁾	V	50,370	A	$0	5,051,236	I	Avish Agincourt, LLC
Class B Common								4,933,817⁽⁴⁾	I	Avish Agincourt, LLC
Class B Common								200	I	Caitlin Joy IMA
Class B Common								200	I	Charles Joy IMA
Class B Common								200	I	Christopher Joy IMA
Class B Common								200	I	Alexander Joy IMA
Class B Common								206.516	I	C.F. Joy Irrev. Trust FBO Caitlin Joy
Class B Common								206.516	I	C.F. Joy Irrev. Trust FBO Charles Joy
Class B Common								206.516	I	C.F. Joy Irrev. Trust FBO Christopher Joy
Class B Common								206.516	I	C.F. Joy Irrev. Trust FBO Alexander Joy

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents separate gifts of Avish Agincourt LLC limited liability units to the four children of the reporting person.

2. The reporting person has elected to begin reporting all shares held by Avish Agincourt LLC, but disclaims beneficial ownership of such shares except to the extent of her pecuniary interest therein.

3. Represents gifts of Avish Agincourt LLC limited liability company units to the reporting person.

4. On April 6, 2011, Avish Agincourt, LLC redeemed certain limited liability company units held by one of its members, but the reporting person's beneficial ownership did not change. The total has been updated to reflect the effect of the redemption.

Remarks:

	Diane M. Barhorst, Attorney in Fact for Catherine Frazier Joy	08/11/2011
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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