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*
STUBBS DACE BROWN

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/31/2012
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 08/31/2012 P 12,396.7 A $63.05 332,490.7 (1) D
Class A Common 3,882,267 (2) I Log House 2011 LP
Class A Common 08/31/2012 P 2,379.1 A $63.05 2,379.1 I GGB Trust
Class A Common 08/31/2012 P 1,758.7 A $63.05 1,758.7 I Albrecht Trust
Class B Common 08/31/2012 P 3,349.5 A $65.2 481,951.5 (3) D
Class B Common 577,566 (4) I Log House 2011 LP
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
Non-Qualified Stock Option (right to buy) $20.12 (5) 05/01/2003 04/30/2013 Class B Common 5,885 (5) 5,885 (5) D
Non-Qualified Stock Option (right to buy) $23.89 (6) 07/22/2004 04/30/2014 Class B Common 4,580 (6) 4,580 (6) D
Stock Appreciation Rights $30.36 (7) 07/28/2005 04/30/2015 Class B Common 5,325 (7) 5,325 (7) D
Stock Appreciation Right $37.13 (8) 07/27/2006 04/30/2016 Class B Common 4,535 (8) 4,535 (8) D
Stock Appreciation Right $35.87 (9) 07/26/2007 04/30/2017 Class B Common 5,634 (9) 5,634 (9) D
Stock Appreciation Right $37.72 (10) 07/24/2008 04/30/2018 Class B Common 5,171 (10) 5,171 (10) D
Stock Appreciation Right $28.74 (11) 07/23/2009 04/30/2019 Class B Common 6,354 (11) 6,354 (11) D
Deferred Stock Units (12) (13) (13) Class B Common 3,085.82 (14) 3,085.82 (14) 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 106,698 additional shares of Class A common stock.
2. Reflects the acquisition of 1,294,089 additional shares of Class A common stock issued in the August 2012 stock split.
3. Reflects the acquisition of 159,534 additional shares of Class B common stock issued in the August 2012 stock split.
4. Reflects the acquisition of 192,522 additional shares of Class B common stock issued in the August 2012 stock split.
5. These stock options were previously reported as covering 3,923 shares at an exercise price of $30.18, but were adjusted to reflect the August 2012 stock split.
6. These stock options were previously reported as covering 3,053 shares at an exercise price of $35.83, but were adjusted to reflect the August 2012 stock split.
7. These stock appreciation rights were previously reported as covering 3,550 shares at an exercise price of $45.53, but were adjusted to reflect the August 2012 stock split.
8. These stock appreciation rights were previously reported as covering 3,023 shares at an exercise price of $55.69, but were adjusted to reflect the August 2012 stock split.
9. These stock appreciation rights were previously reported as covering 3,756 shares at an exercise price of $53.80, but were adjusted to reflect the August 2012 stock split.
10. These stock appreciation rights were previously reported as covering 3,447 shares at an exercise price of $56.58, but were adjusted to reflect the August 2012 stock split.
11. These stock appreciation rights were previously reported as covering 4,236 shares at an exercise price of $43.10, but were adjusted to reflect the August 2012 stock split.
12. Under the Brown-Forman Corporation Non-Employee Director Deferred Stock Unit Program each DSU represents the right to receive one share of the Company's Class B common stock.
13. Annual grants of DSUs vest over the course of the Board year. DSUs are paid out in class B common stock on the first February 1 that is at least six months following the Director's termination from Board service.
14. Reflects the acquisition of 1,028.6 additional shares of Class B common stock issued in the August 2012 stock split.
Remarks:
Diane M. Barhorst, Attorney-in-Fact for Dace Brown Stubbs 09/05/2012
** 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).
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