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
                                                                                  
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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 *

STUBBS DACE BROWN 		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
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

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

3/9/2015
(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   12/16/2014     G   V 7900.0000   D $0.0000   294129.5000   D    
Class B Common   3/9/2015     M    5658.0000   A $28.5800   299787.5000   D    
Class B Common   3/9/2015     F    1822.0000   D $88.7600   (1) 297965.5000   D    
Class B Common   3/9/2015     S    3836.0000   D $89.1021   (2) 294129.5000   D    
Class A Common                  101409.7000   D    
Class A Common                  2379.1000   I   Albrecht Trust  
Class A Common                  1758.7000   I   GGB Trust  
Class A Common                  3882267.0000   I   Log House 2011 LP  
Class B Common                  577566.0000   I   Log House 2011 LP  
Class A Common                  235495.0000   I   SMPL 2012 Partnership  
Class B Common                  175000.0000   I   WKS Partnership  

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   3/9/2015     M         5658.0000    7/28/2005   4/30/2015   Class B Common   5658.0000   $0.0000   0.0000   D    
Deferred Stock Units     (3)                    (4)   (4) Class A Common   2167.6600     2167.6600   D    
Deferred Stock Units     (5)                    (6)   (6) Class B Common   3377.6700     3377.6700   D    
Stock Appreciation Right   $27.0500                    7/23/2009   4/30/2019   Class B Common   6752.0000     6752.0000   D    
Stock Appreciation Right   $35.5100                    7/24/2008   4/30/2018   Class B Common   5495.0000     5495.0000   D    
Stock Appreciation Right   $33.7600                    7/26/2007   4/30/2017   Class B Common   5987.0000     5987.0000   D    
Stock Appreciation Right   $34.9500                    7/27/2006   4/30/2016   Class B Common   4819.0000     4819.0000   D    

Explanation of Responses:
( 1)  The closing price of BF-B ($88.76) on March 8, 2015 was used to calculate the tax withholding obligation.
( 2)  The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $89.10 to $89.105, inclusive. The reporting person undertakes to provide to Brown-Forman Corporation, any security holder of Brown-Forman Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
( 3)  Under the Brown-Forman Corporation Non-Employee Director Deferred Stock Unit Progam each DSU represents the right to receive one share the the Company's Class A common stock. On each dividend payment date, participants are credited with DSU equivalents.
( 4)  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.
( 5)  Under the Brown-Forman Corporation Non-Employee Director Deferred Stock Unit Program each DSU represents the right to receive one share the the Company's Class B common stock. 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 B common stock on the first February 1 that is at least six monts following the Director's termination from Board service.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
STUBBS DACE BROWN
850 DIXIE HIGHWAY
LOUISVILLE, KY 40210 		X



Signatures
Kelly A. Bowen, Attorney in Fact for Dace Brown Stubbs 3/11/2015
** 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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