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^*

BOND INA BROWN

(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)
05/01/2011

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								1,909,085	D
Class A Common								438,009	I	Ganymede LP
Class A Common	05/01/2011		W⁽¹⁾	V	1,304,187	A	⁽¹⁾	2,060,115	I	Olympus Four, LLC
Class A Common	05/01/2011		W⁽¹⁾	V	1,304,187	D	⁽¹⁾	2,060,115	I	Olympus Four, LLC
Class A Common	03/09/2012		J⁽³⁾		3,706	A	⁽⁴⁾	2,063,821	I	Olympus Four, LLC
Class A Common	09/26/2011		J⁽²⁾		57.255	D	⁽²⁾	0	I	Driftwood Holding, LLC
Class A Common	09/26/2011		J⁽²⁾		3,818	A	⁽²⁾	3,818	I	Driftwood Holding Four, LLC
Class A Common	03/09/2012		J⁽³⁾		3,818	D	⁽⁴⁾	0	I	Driftwood Holding Four, LLC
Class B Common								125,764	D
Class B Common								1,208,770.5	I	Ganymede LP
Class B Common								488,932	I	Hebe, LP
Class B Common								3,171	I	Hebe Non-Exempt Trust fbo Ina Bond
Class B Common								1,092	I	Hebe Exempt Trust fbo Ina Bond
Class B Common	05/01/2011		W⁽¹⁾	V	1,177,747	A	⁽¹⁾	1,860,388	I	Olympus Four, LLC
Class B Common	05/01/2011		W⁽¹⁾	V	1,177,747	D	⁽¹⁾	1,860,388	I	Olympus Four, LLC
Class B Common	03/09/2012		J⁽³⁾		3,818	D	⁽⁴⁾	1,856,570	I	Olympus Four , LLC
Class B Common	09/26/2011		J⁽²⁾		14.975	D	⁽²⁾	0	I	Driftwood Holding, LLC
Class B Common	09/26/2011		J⁽²⁾		998	A	⁽²⁾	998	I	Driftwood Holding Four, LLC
Class B Common	03/09/2012		J⁽³⁾		3,706	A	⁽⁴⁾	4,704	I	Driftwood Holding Four, LLC
Class B Common								24	I	Ina Bond Trust B

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 the transfer of LLC units to the reporting person resulting from the termination of a trust under will in which the reporting person had an interest. The reporting person disclaims beneficial ownership of the LLC's shares except to the extent of her pecuniary interest therein.

2. Represents dissolution of Driftwood Holding, LLC and contribution of a portion of its shares to Driftwood Holding Four, LLC. The reporting person has elected to report the holdings of Driftwood Holding Four, LLC in the aggregate, but disclaims beneficial ownership of such shares except to the extent of her pecuniary interest therein.

3. On March 9, 2012, the reporting person exchanged 3,818 Class A shares indirectly held by Driftwood Holding Four, LLC, for an economically equivalent number of Class B shares (3,706) indirectly held by Olympus Four, LLC.

4. BFA and BFB closing prices as of March 8, 2012 were used to determine approximate economic equivalency. For BFA, $77.43; for BFB, $79.76.

Remarks:

	Diane M. Barhorst, Atty in Fact for: Ina Brown Bond	03/13/2012
	** 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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