Sec Form 4 Filing - Brown Owsley III @ BROWN FORMAN CORP - 2012-06-26

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 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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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/YY) 06/26/2012 (Street) LOUISVILLE, KY40210 4. If Amendment, Date Original Filed (MM/DD/YY) 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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 9,611 ( 1 ) D Class A Common 25,164 ( 1 ) I GRAT Class A Common 12 I Eleanor Lee Trusts Class A Common 211,224.75 I Hebe Three Limited Partnership ( 2 ) Class A Common 8,709 I Woodford Partners California, LLC Class A Common 32,838 I Longview Charitable LP Class A Common 06/26/2012 S( 4 ) 5,725 D $ 90.48 0 I Driftwood Holdings Three, LLC Class A Common 1,830 I Trust fbo child Class A Common 1,667 I Trust fbo Victoire Brown Class A Common 6,647 I Trust fbo child Class A Common 6,775 I Trust fbo child Class A Common 13,626 I Trust fbo Owsley Brown III Class A Common 2,220,077 I Olympus Three, LLC Class B Common 45,680 D Class B Common 375 I c/f child Class B Common 375 I c/f child Class B Common 1,320 I Owsley Brown II IRA Class B Common 26,298 I CLB Grandchildren Eq. Tr Class B Common 8,597 I Eleanor Lee Trusts Class B Common 06/28/2012 J( 3 ) 364 A 364 I Hebe Exempt Trust Class B Common 06/27/2012 S( 5 ) 310,977 D $ 95.37 3,976,413 I Hebe Three Limited Partnership ( 2 ) Class B Common 12,800 I Longview Charitable LP Class B Common 06/26/2012 S( 4 ) 1,498 D $ 92.97 0 I Driftwood Holdings Three, LLC Class B Common 78 I Trust fbo child Class B Common 237 I Trust fbo Victoire Brown Class B Common 1,283 I Trust fbo child Class B Common 1,315 I Trust fbo child Class B Common 3,406 I Trust fbo Owsley Brown III Class B Common 4,368,864 I Olympus Three, LLC

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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, KY40210 X Signatures Diane M. Barhorst, Atty. in Fact for Owsley Brown III 06/28/2012 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Adjusted to reflect shares transferred from reporting person's direct holdings to GRATs of which the reporting person is trustee and sole annuitant. ( 2 )Adjusted to reflect change in form of ownership. On June 1, 2012, Hebe Limited Partnership contributed a pro rata portion of its Class A and Class B shares to Hebe Three Limited Partnership, with no change in the pecuniary interests therein. ( 3 )On June 28 , 2012, the reporting person was appointed as an advisor to this trust. ( 4 )Represents sale of the reporting person's pecuniary interest in Driftwood Holding Three, LLC. ( 5 )Represents transfer of shares in payment of a debt.

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).

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