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 *

Holland Augusta Brown
2. Issuer Name and Ticker or Trading Symbol

BROWN FORMAN CORP [ BFA, BFB ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ 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 B Common                  430568   (1) I   Hebe Three Limited Partnership  
Class A Common                  633674   (2) I   Hebe Three Limited Partnership  
Class B Common                  1930   (3) I   Holland Family Trust  
Class B Common                  404678   (4) I   OB2 Marital Trust  
Class A Common                  1770   (5) I   OB2 Martial Trust  
Class A Common                  24   (6) I   OB2 Reverse QTIP Trust  
Class B Common                  102896   (7) I   OB2 Reverse QTIP Trust  
Class B Common                  190970   (8) I   OB3 GST Exempt Trust  
Class A Common                  6660230   (9) I   Olympus Three LLC  
Class B Common                  13407282   (10) I   Olympus Three LLC  
Class B Common                  10218   (11) I   Trust fbo Augusta Holland  
Class A Common                  40878   (12) I   Trust fbo Augusta Holland  
Class B Common                  348560   (13) I   Trust fbo Barzun Children  
Class B Common                  1820   (14) I   Trust fbo Child-1  
Class B Common                  192392   (15) I   Trust fbo Children  

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
Deferred Stock Units     (16)                    (17)   (17) Class A Common   3381.661   (18)   3381.661   (18) D    
Deferred Stock Units     (19)                    (17)   (17) Class A Common   1183.28   (20)   1183.28   (20) D    

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 215,284 additional shares.
( 2)  Reflects the acquisition of 316,837 additional shares in the August 2016 stock split.
( 3)  Reflects the acquisition of 962 additional shares in the August 2016 stock split, and the correction of a prior mathematical error.
( 4)  Reflects the acquisition of 202,339 additional shares in the August 2016 stock split.
( 5)  Reflects the acquisition of 885 additional shares in the August 2016 stock split.
( 6)  Reflects the acquisition of 12 additional shares in the August 2016 stock split.
( 7)  Reflects the acquisition of 51,448 additional shares in the August 2016 stock split.
( 8)  Reflects the acquisition of 95,485 additional shares in the August 2016 stock split.
( 9)  Reflects the acquisition of 3,330,115 additional shares in the August 2016 stock split.
( 10)  Reflects the acquisition of 6,703,641 additional shares in the August 2016 stock split.
( 11)  Reflects the acquisition of 5,109 additional shares in the August 2016 stock split.
( 12)  Reflects the acquisition of 20,439 additional shares in the August 2016 stock split.
( 13)  Reflects the acquisition of 174,280 additional shares in the August 2016 stock split.
( 14)  Reflects the acquisition of 910 additional shares in the August 2016 stock split.
( 15)  Reflects the acquisition of 96,196 additional shares in the August 2016 stock split.
( 16)  Under 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. On each dividend payment date, participants are credited with DSU equivalents.
( 17)  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.
( 18)  Updated to reflect the August 2016 stock split.
( 19)  Under 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. On each dividend payment date, participants are credited with DSU equivalents.
( 20)  Updated to reflect the August 2016 stock split.

Remarks:
2nd of 2 Forms

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


Signatures
Michael E. Carr, Jr., Attorney in Fact for Augusta Brown Holland 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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