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 *

Brown Christina Lee
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 HWY
3. Date of Earliest Transaction (MM/DD/YYYY)

12/31/2012
(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 A Common                  257700   D  
 
Class A Common                  504775   I   Owsley Brown II 1994 GRAT  
Class A Common                  67714   I   Trust u/a Owsley Brown III  
Class A Common   12/31/2012     S (1) (2)    2002581   D $61.255   3330114   I   Olympus Three, LLC  
Class A Common   12/31/2012     S (1) (2)    2418   D $61.255   0   I   Guilford-Brown LP  
Class A Common   12/31/2012     S (1) (2)    840   D $61.255   0   I   Driftwood Holding Three LLC  
Class A Common   12/31/2012     S (1) (2)    1499   D $61.255   0   I   Longview LP  
Class A Common   12/31/2012     G (3)   V 1251558   D   (3) 1277100   I   Polaris LLC  
Class B Common                  64189   D  
 
Class B Common                  1980   I   Owsley Brown II IRA  
Class B Common                  126193   I   Owsley Brown II 1994 GRAT  
Class B Common   12/31/2012     S (1) (2)    4031268   D $62.46   6703641   I   Olympus Three LLC  
Class B Common   12/31/2012     S (1) (2)    44251   D $62.46   0   I   Driftwood Holding Three LLC  
Class B Common   12/31/2012     S (1) (2)    652   D $62.46   0   I   Longview LP  
Class B Common                  253176   I   Estate of Owsley Brown II  
Class B Common   12/31/2012     G (3)   V 336728   D   (3) 343600   I   Polaris LLC  

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
Non-Qualified Stock Option (right to buy)   $22.49                    5/1/2007   4/30/2014   Class B Common   131303     131303   D  
 
Stock Appreciation Right   $33.65                    11/15/2007   7/24/2015   Class B Common   5311     5311   D  
 

Explanation of Responses:
( 1)  The reporting person was appointed administrator of the Estate of Owsley Brown II in October 2011. On 12/21/12, the Estate distributed to the reporting person a 64.59% interest in Olympus Three, LLC, in which the reporting person had previously reported a pecuniary interest. On 12/31/12, in a series of nearly simultaneous transactions, the Estate transferred a .3265% interest in Guiford-Brown LP, a 9.79% interest in Driftwood Holding Three LLC and a 1% interest in Longview LP to the Owsley Brown Marital Trust, which transferred them to the reporting person, who then sold them and a 60.14% interest in Olympus Three LLC to a family trust in which the reporting person has no pecuniary interest. Following these transactions, neither the Estate nor the reporting person has a pecuniary interest in Guilford-Brown LP, Driftwood Holding Three LLC or Longview LP, but the reporting person continues to have a pecuniary interest in Olympus Three LLC.
( 2)  The reporting person disclaims beneficial ownership of all entities set forth in this form except to the extent of her pecuniary interest therein.
( 3)  On 12/31/12, the reporting person gifted a 98% interest in Polaris LLC to a charitable lead annuity trust in which she has no pecuniary interest.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Brown Christina Lee
850 DIXIE HWY
LOUISVILLE, KY 40210

X


Signatures
Diane M. Barhorst, Atty in Fact for Christina Lee Brown 1/3/2013
** 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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