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BF.B Brown Forman Corp

43.28
-0.64 (-1.46%)
Last Updated: 18:12:44
Delayed by 15 minutes
Share Name Share Symbol Market Type
Brown Forman Corp NYSE:BF.B NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.64 -1.46% 43.28 44.22 43.25 43.73 800,293 18:12:44

Statement of Changes in Beneficial Ownership (4)

21/03/2017 11:29pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Holland Augusta Brown
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                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

850 DIXIE HIGHWAY
3. Date of Earliest Transaction (MM/DD/YYYY)

3/17/2017
(Street)

LOUISVILLE, KY 40210
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 B Common   1/12/2017     G   V 157000   D $0   24546   (1) I   CLB 2012 Trust  
Class B Common   3/17/2017     G   V 212850   D $0   22270   (2) I   CLB 2012 Trust  
Class B Common   3/17/2017     J (3)    2150   D   (3) 23640   I   Eleanor Lee Trusts  
Class B Common                  12907116   (4) I   Olympus Three LLC  
Class B Common                  20007   (4) I   ABH GRAT 2011  
Class B Common                  148235   (4) D    
Class A Common                  1032701   D    
Class A Common                  482284   I   ABH GRAT 2007  
Class B Common                  107476   I   ABH GRAT 2007  
Class A Common                  84308   I   ABH GRAT 2011  
Class A Common                  5033   I   By Spouse  
Class B Common                  4712   I   By Spouse  
Class A Common                  4580   I   CLB 2012 Trust  
Class A Common                  62984   I   CLB Grandchildren Eq. Tr.  
Class B Common                  41610   I   CLB Grandchildren Eq. Tr.  
Class A Common                  41374   I   CLB Trust fbo Child-1  
Class B Common                  22668   I   CLB Trust fbo Child-1  
Class A Common                  43456   I   CLB Trust fbo Child-2  
Class B Common                  24488   I   CLB Trust fbo Child-2  
Class A Common                  43456   I   CLB Trust fbo Child-3  
Class B Common                  24488   I   CLB Trust fbo Child-3  
Class A Common                  36   I   Eleanor Lee Trusts  
Class B Common                  1092   I   Hebe Exempt Trust  
Class A Common                  633674   I   Hebe Three Limited Partnership  
Class B Common                  430568   I   Hebe Three Limited Partnership  
Class B Common                  1930   I   Holland Family Trust  
Class B Common                  404678   I   OB2 Marital Trust  
Class A Common                  1770   I   OB2 Martial Trust  
Class A Common                  24   I   OB2 Reverse QTIP Trust  
Class B Common                  102896   I   OB2 Reverse QTIP Trust  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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
Deferred Stock Units     (5)                    (6)   (6) Class A Common   3381.661     3381.661   D    
Deferred Stock Units     (7)                    (6)   (6) Class A Common   1183.28     1183.28   D    

Explanation of Responses:
( 1)  Total has been updated to reflect pro rata distribution of Class B shares made by Olympus Three, LLC on January 12, 2017.
( 2)  Total has been updated to reflect pro rata distribution of Class B shares made by Olympus Three, LLC on March 17, 2017.
( 3)  On March 17, 2017, the Eleanor Lee Trusts contributed 2,150 Class B shares in exchange for an interest in a limited liability company.
( 4)  Total has been updated to reflect pro rata distributions of Class B shares made by Olympus Three, LLC on January 12, 2017 and March 17, 2017.
( 5)  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 A common stock. Grants made on July 28, 2016, were based on the closing price of the Company's Class A common stock on that date. On each dividend payment date, participants are credited with DSU equivalents.
( 6)  Annual grants of DSUs vest over the course of the Board year. DSUs are paid out in Class A common stock on the first February 1 that is at least six months following the Director's termination from Board service.
( 7)  Under the Brown-Forman Non-Employee Director Deferred Stock Unit Program each DSU represents the right to receive one share of the Company's Class A common stock. Grants made on July 23, 2015, were based on the closing price of the Company's Class A common stock on that date. On each dividend payment date, participants are credited with DSU equivalents.

Remarks:
The reporting person disclaims beneficial ownership of shares held by entities set forth on this form except to the extent of her pecuniary interest therein.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Holland Augusta Brown
850 DIXIE HIGHWAY
LOUISVILLE, KY 40210
X X


Signatures
Michael E. Carr, Jr., Attorney in Fact for Augusta Brown Holland 3/21/2017
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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