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 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 (MM/DD/YYYY)

12/22/2016
(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   10/10/2016     G   V 283   A $0   2749   (1) D    
Class A Common   10/10/2016     G   V 1801   D $0   948   D    
Class A Common   10/10/2016     G   V 283   A $0   21579   (2) I   Trust fbo Child-1  
Class A Common   10/10/2016     G   V 283   A $0   21195   (3) I   Trust fbo Child-2  
Class A Common   10/10/2016     G   V 283   A $0   6745   (4) I   Trust fbo Child-3  
Class A Common   10/10/2016     G   V 283   A $0   5533   (5) I   Trust fbo Victoire Brown  
Class A Common   12/22/2016     J (6)    643090   A $46.51   644038   D    
Class B Common                  1124   (7) I   c/f Child-1  
Class B Common                  1124   (7) I   c/f Child-2  
Class A Common                  4580   (8) I   CLB 2012 Trust  
Class B Common                  91342   (9) I   CLB 2012 Trust  
Class B Common                  41610   (10) I   CLB Grandchildren Eq. Tr.  
Class A Common                  62984   (11) I   CLB Grandchildren Eq. Tr.  
Class B Common                  24254   (12) I   CLB Trust fbo Child-3   (13)
Class A Common                  42478   (14) I   CLB Trust fbo Child-3   (13)
Class B Common                  20640   (15) I   CLB Trust fbo Child-2   (16)
Class A Common                  28028   (17) I   CLB Trust fbo Child-2   (16)
Class B Common                  20544   (18) I   CLB Trust fbo Child-1   (19)
Class A Common                  27644   (20) I   CLB Trust fbo Child-1   (19)
Class A Common                  36   (21) I   Eleanor Lee Trusts  
Class B Common                  25790   (22) I   Eleanor Lee Trusts  
Class A Common                  103746   (23) I   GRAT #1  
Class A Common                  67292   (24) I   GRAT #2  
Class B Common                  1092   (25) I   Hebe Exempt Trust  
Class B Common                  430568   (26) I   Hebe Three Limited 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

Explanation of Responses:
( 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

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


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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