SEC Form 4 · accession 0000014693-17-000030

BROWN FORMAN CORP · BF-A

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Augusta Brown Holland

Director · 10% Owner

Period of report

Mar 17, 2017

Accepted (ET)

Mar 21, 2017 · 7:28 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000014693

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Class B Common^F1	Jan 12, 2017	G	157,000	$0.00	D	24,546	I	CLB 2012 Trust
Class B Common^F2	Mar 17, 2017	G	212,850	$0.00	D	22,270	I	CLB 2012 Trust
Class B Common^F3	Mar 17, 2017	J	2,150	—	D	23,640	I	Eleanor Lee Trusts
Class B Common^F4	holding	—	—		—	12,907,116	I	Olympus Three LLC
Class B Common^F4	holding	—	—		—	20,007	I	ABH GRAT 2011
Class B Common^F4	holding	—	—		—	148,235	D
Class A Common	holding	—	—		—	1,032,701	D
Class A Common	holding	—	—		—	482,284	I	ABH GRAT 2007
Class B Common	holding	—	—		—	107,476	I	ABH GRAT 2007
Class A Common	holding	—	—		—	84,308	I	ABH GRAT 2011
Class A Common	holding	—	—		—	5,033	I	By Spouse
Class B Common	holding	—	—		—	4,712	I	By Spouse
Class A Common	holding	—	—		—	4,580	I	CLB 2012 Trust
Class A Common	holding	—	—		—	62,984	I	CLB Grandchildren Eq. Tr.
Class B Common	holding	—	—		—	41,610	I	CLB Grandchildren Eq. Tr.
Class A Common	holding	—	—		—	41,374	I	CLB Trust fbo Child-1
Class B Common	holding	—	—		—	22,668	I	CLB Trust fbo Child-1
Class A Common	holding	—	—		—	43,456	I	CLB Trust fbo Child-2
Class B Common	holding	—	—		—	24,488	I	CLB Trust fbo Child-2
Class A Common	holding	—	—		—	43,456	I	CLB Trust fbo Child-3
Class B Common	holding	—	—		—	24,488	I	CLB Trust fbo Child-3
Class A Common	holding	—	—		—	36	I	Eleanor Lee Trusts
Class B Common	holding	—	—		—	1,092	I	Hebe Exempt Trust
Class A Common	holding	—	—		—	633,674	I	Hebe Three Limited Partnership
Class B Common	holding	—	—		—	430,568	I	Hebe Three Limited Partnership
Class B Common	holding	—	—		—	1,930	I	Holland Family Trust
Class B Common	holding	—	—		—	404,678	I	OB2 Marital Trust
Class A Common	holding	—	—		—	1,770	I	OB2 Martial Trust
Class A Common	holding	—	—		—	24	I	OB2 Reverse QTIP Trust
Class B Common	holding	—	—		—	102,896	I	OB2 Reverse QTIP Trust

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Deferred Stock Units^F5,F6	—	holding	—	—	—	—	—	Class A Common	3,382	3,382	D
Deferred Stock Units^F7,F6	—	holding	—	—	—	—	—	Class A Common	1,183	1,183	D

Explanation of responses

F1Total has been updated to reflect pro rata distribution of Class B shares made by Olympus Three, LLC on January 12, 2017.
F2Total has been updated to reflect pro rata distribution of Class B shares made by Olympus Three, LLC on March 17, 2017.
F3On March 17, 2017, the Eleanor Lee Trusts contributed 2,150 Class B shares in exchange for an interest in a limited liability company.
F4Total 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.
F5Under 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.
F6Annual 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.
F7Under 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.