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 *

WELCH JAMES S JR 		2. Issuer Name and Ticker or Trading Symbol

BROWN FORMAN CORP [ BF'B ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Vice Chairman Strategy and HR
(Last)          (First)          (Middle)

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

6/12/2014
(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   6/12/2014     M    23515.0000   A $28.5800   39662.0000   D    
Class B Common   6/12/2014     F    14660.0000   D $93.9200   (1) 25002.0000   D    
Class A Common                  41904.0000   D    

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
Stock Appreciation Right   $28.5800   6/12/2014     M         23515.0000    5/1/2008   4/30/2015   Class B Common   23515.0000   $0.0000   0.0000   D    
Stock Appreciation Right   $34.9500                    5/1/2009   4/30/2016   Class B Common   13492.0000     13492.0000   D    
Stock Appreciation Right   $33.7600                    5/1/2010   4/30/2017   Class B Common   23938.0000     23938.0000   D    
Stock Appreciation Right   $35.5100                    5/1/2011   4/30/2018   Class B Common   21971.0000     21971.0000   D    
Stock Appreciation Right   $43.1000                    5/1/2012   4/30/2019   Class B Common   31498.0000     31498.0000   D    
Stock Appreciation Right   $38.4300                    5/1/2013   4/30/2020   Class B Common   31470.0000     31470.0000   D    
Stock Appreciation Right   $46.4000                    5/1/2014   4/30/2021   Class B Common   22345.0000     22345.0000   D    
Stock Appreciation Right   $58.7000                    5/1/2015   4/30/2022   Class B Common   20186.0000     20186.0000   D    
Stock Appreciation Right   $72.4200                    5/1/2016   4/30/2023   Class B Common   14758.0000     14758.0000   D    

Explanation of Responses:
( 1)  The closing price of BF-B ($93.20) on June 11, 2014 was used to calculate the tax withholding obligation.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
WELCH JAMES S JR
850 DIXIE HIGHWAY
LOUISVILLE, KY 40210 		X
Vice Chairman Strategy and HR

Signatures
Kelly A. Bowen, Attorney in Fact for James L. Welch, Jr. 6/13/2014
** 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.
Brown Forman (NYSE:BF.B)
Historical Stock Chart
Von Jun 2024 bis Jul 2024 Click Here for more Brown Forman Charts.
Brown Forman (NYSE:BF.B)
Historical Stock Chart
Von Jul 2023 bis Jul 2024 Click Here for more Brown Forman Charts.