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 *

MORREAU JANE C
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                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
EVP, Chief Financial Officer
(Last)          (First)          (Middle)

850 DIXIE HIGHWAY
3. Date of Earliest Transaction (MM/DD/YYYY)

4/30/2018
(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   4/30/2018     F    1472   (1) D $53.37   (2) 23081   (3) D    
Class B Common   4/30/2018     F    368   (4) D $56.04   (5) 5899   (6) D    
Class B Common                  8068.8785   (7) I   ESPP  

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
Stock Appreciation Right   $15.088   (8)                  5/1/2013   4/30/2020   Class B Common   32067.0   (8)   32067   D    
Stock Appreciation Right   $18.217   (9)                  5/1/2014   4/30/2021   Class B Common   36588.0   (9)   36588   D    
Stock Appreciation Right   $23.047   (10)                  5/1/2015   4/30/2022   Class B Common   28267.0   (10)   28267   D    
Stock Appreciation Right   $28.433   (11)                  5/1/2016   4/30/2023   Class B Common   23601.0   (11)   23601   D    
Stock Appreciation Right   $36.109   (12)                  5/1/2017   4/30/2024   Class B Common   34194.0   (12)   34194   D    
Stock Appreciation Right   $40.145   (13)                  5/1/2018   4/30/2025   Class B Common   34077.0   (13)   34077   D    
Stock Appreciation Right   $38.481   (14)                  5/1/2019   4/30/2026   Class B Common   52827.0   (14)   52827   D    
Stock Appreciation Right   $39.757   (15)                  5/1/2020   4/30/2027   Class B Common   40510.0   (15)   40510   D    

Explanation of Responses:
(1)  To satisfy withholding obligations associated with the July 24, 2014 award of Class A common stock that vested on April 30, 2018, the reporting person surrendered 1,472 shares of Class A common stock.
(2)  The closing price of BF-A on April 30, 2018 was used to calculate the withholding obligation.
(3)  Total has been updated to reflect dividend reinvestment.
(4)  To satisfy withholding obligations associated with the shares of Class B performance-based restricted stock that were issued in the February 2018 stock split and vested on April 30, 2018, the reporting person surrendered 368 shares of Class B common stock.
(5)  The closing price of BF-B on April 30, 2018 was used to calculate the withholding obligation.
(6)  On February 28, 2018, the issuer completed a stock split resulting in the distribution of one share of Class B common stock for every four shares of either Class A or Class B common stock held. On April 23, 2018, the issuer paid a special cash dividend. Total has been updated to reflect the acquisition of 6,163 additional shares in the February 2018 stock split, including 773 shares of Class B common performance-based restricted stock issued in connection with the July 24, 2014 award of Class A common stock.
(7)  Number of shares acquired through the issuer's employee stock purchase program as of April 30, 2018.
(8)  These stock appreciation rights were previously reported as covering 25,180 shares at an exercise price of $19.215, but were adjusted to reflect the February 2018 stock split and April 2018 special dividend.
(9)  These stock appreciation rights were previously reported as covering 28,730 shares at an exercise price of $23.20, but were adjusted to reflect the February 2018 stock split and April 2018 special dividend.
(10)  These stock appreciation rights were previously reported as covering 22,196 shares at an exercise price of $29.35, but were adjusted to reflect the February 2018 stock split and April 2018 special dividend.
(11)  These stock appreciation rights were previously reported as covering 18,532 shares at an exercise price of $36.21, but were adjusted to reflect the February 2018 stock split and April 2018 special dividend.
(12)  These stock appreciation rights were previously reported as covering 26,850 shares at an exercise price of $45.985, but were adjusted to reflect the February 2018 stock split and April 2018 special dividend.
(13)  These stock appreciation rights were previously reported as covering 26,758 shares at an exercise price of $51.125, but were adjusted to reflect the February 2018 stock split and April 2018 special dividend.
(14)  These stock appreciation rights were previously reported as covering 41,482 shares at an exercise price of $49.005, but were adjusted to reflect the February 2018 stock split and April 2018 special dividend.
(15)  These stock appreciation rights were previously reported as covering 31,810 shares at an exercise price of $50.63, but were adjusted to reflect the February 2018 stock split and April 2018 special dividend.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
MORREAU JANE C
850 DIXIE HIGHWAY
LOUISVILLE, KY 40210


EVP, Chief Financial Officer

Signatures
Michael E. Carr, Jr., Attorney in Fact for Jane C. Morreau 5/2/2018
** 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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