Ownership Submission
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

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Brown Owsley III
  2. Issuer Name and Ticker or Trading Symbol
BROWN FORMAN CORP [BFA, BFB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
850 DIXIE HIGHWAY
3. Date of Earliest Transaction (Month/Day/Year)
12/22/2016
(Street)

LOUISVILLE, KY 40210
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 10/10/2016   G V 283 A $ 0 2,749 (1) D  
Class A Common 10/10/2016   G V 1,801 D $ 0 948 D  
Class A Common 10/10/2016   G V 283 A $ 0 21,579 (2) I Trust fbo Child-1
Class A Common 10/10/2016   G V 283 A $ 0 21,195 (3) I Trust fbo Child-2
Class A Common 10/10/2016   G V 283 A $ 0 6,745 (4) I Trust fbo Child-3
Class A Common 10/10/2016   G V 283 A $ 0 5,533 (5) I Trust fbo Victoire Brown
Class A Common 12/22/2016   J(6)   643,090 A $ 46.51 644,038 D  
Class B Common               1,124 (7) I c/f Child-1
Class B Common               1,124 (7) I c/f Child-2
Class A Common               4,580 (8) I CLB 2012 Trust
Class B Common               91,342 (9) I CLB 2012 Trust
Class B Common               41,610 (10) I CLB Grandchildren Eq. Tr.
Class A Common               62,984 (11) I CLB Grandchildren Eq. Tr.
Class B Common               24,254 (12) I CLB Trust fbo Child-3 (13)
Class A Common               42,478 (14) I CLB Trust fbo Child-3 (13)
Class B Common               20,640 (15) I CLB Trust fbo Child-2 (16)
Class A Common               28,028 (17) I CLB Trust fbo Child-2 (16)
Class B Common               20,544 (18) I CLB Trust fbo Child-1 (19)
Class A Common               27,644 (20) I CLB Trust fbo Child-1 (19)
Class A Common               36 (21) I Eleanor Lee Trusts
Class B Common               25,790 (22) I Eleanor Lee Trusts
Class A Common               103,746 (23) I GRAT #1
Class A Common               67,292 (24) I GRAT #2
Class B Common               1,092 (25) I Hebe Exempt Trust
Class B Common               430,568 (26) I Hebe Three Limited Partnership

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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

Reporting Owners

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

Signatures

 Michael E. Carr, Attorney in Fact for Owsley Brown III   12/27/2016
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) In August 2016, the Class A and Class B common stock of Brown-Forman Corporation split 2-1, resulting in the reporting person's acquisition of 1,233 additional shares.
(2) Reflects the acquisition of 10,648 additional shares in the August 2016 stock split.
(3) Reflects the acquisition of 10,456 additional shares in the August 2016 stock split.
(4) Reflects the acquisition of 3,231 additional shares in the August 2016 stock split.
(5) Reflects the acquisition of 2,625 additional shares in the August 2016 stock split.
(6) On December 22, 2016, a limited partnership transferred 643,090 Class A shares to the reporting person as a partial redemption of the reporting person's interest in the partnership.
(7) Reflects the acquisition of 562 additional shares in the August 2016 stock split.
(8) Reflects the acquisition of 2,290 additional shares in the August 2016 stock split.
(9) Reflects the acquisition of 45,671 additional shares in the August 2016 stock split.
(10) Reflects the acquisition of 20,805 additional shares in the August 2016 stock split.
(11) Reflects the acquisition of 31,492 additional shares in the August 2016 stock split.
(12) Reflects the acquisition of 12,127 additional shares in the August 2016 stock split.
(13) Formerly known as CLB Trust fbo Catalina Brown.
(14) Reflects the acquisition of 21,239 additional shares in the August 2016 stock split.
(15) Reflects the acquisition of 10,320 additional shares in the August 2016 stock split.
(16) Formerly known as CLB Trust fbo Chiara Brown.
(17) Reflects the acquisition of 14,014 additional shares in the August 2016 stock split.
(18) Reflects the acquisition of 10,272 additional shares in the August 2016 stock split.
(19) Formerly known as CLB Trust fbo William Brown.
(20) Reflects the acquisition of 13,822 additional shares in the August 2016 stock split.
(21) Reflects the acquisition of 18 additional shares in the August 2016 stock split.
(22) Reflects the acquisition of 12,895 additional shares in the August 2016 stock split.
(23) Reflects the acquisition of 51,873 additional shares in the August 2016 stock split.
(24) Reflects the acquisition of 33,646 additional shares in the August 2016 stock split.
(25) Reflects the acquisition of 546 additional shares in the August 2016 stock split.
(26) Reflects the acquisition of 215,284 additional shares in the August 2016 stock split.
 
Remarks:
1st of 2 Forms

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