Sec Form 4 Filing - MORREAU JANE C @ BROWN FORMAN CORP - 2014-01-02

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

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person MORREAU JANE C 2. Issuer Name and Ticker or Trading Symbol BROWN FORMAN CORP [ BF'B] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) SVP, Chief Production Officer (Last) (First) (Middle) 850 DIXIE HIGHWAY 3. Date of Earliest Transaction (MM/DD/YY) 01/02/2014 (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 B Common 01/02/2014 M 5,275 A $ 22.49 5,327.5 D Class B Common 01/02/2014 S 2,315 D $ 74.7887 ( 1 ) 3,012.5 D Class B Common 01/02/2014 F 2,960 D $ 75.57 ( 2 ) 52.5 D Class A Common 6,412.5763 ( 3 ) D Class B Common 2,621.8226 ( 4 ) I ESPP

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 Secu rities (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 01/02/2014 M 5,275 05/01/2007 04/30/2014 Class B Common 5,275 $ 0 0 D Stock Appreciation Right $ 28.58 05/01/2008 04/30/2015 Class B Common 4,558 4,558 D Stock Appreciation Right $ 33.76 05/01/2010 04/30/2017 Class B Common 9,292 9,292 D Stock Appreciation Right $ 35.51 05/01/2011 04/30/2018 Class B Common 7,131 7,131 D Stock Appreciation Right $ 27.05 05/01/2012 04/30/2019 Class B Common 11,463 11,463 D Stock Appreciation Right $ 38.43 05/01/2013 04/30/2020 Class B Common 12,590 12,590 D Stock Appreciation Right $ 46.4 05/01/2014 04/30/2021 Class B Common 14,365 14,365 D Stock Appreciation Right $ 58.7 05/01/2015 04/30/2022 Class B Common 11,098 11,098 D Stock Appreciation Right $ 72.42 05/01/2016 04/30/2023 Class B Common 9,266 9,266 D Stock Appreciation Right $ 34.95 07/27/2006 04/30/2016 Class B Common 8,400 8,400 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other MORREAU JANE C 850 DIXIE HIGHWAY LOUISVILLE, KY40210 SVP, Chief Production Officer Signatures Kelly A. Bowen, Attorney in Fact for Jane C. Morreau 01/02/2014 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.61to $75.00, inclusive. The reporting person undertakes to provide to Brown-Forman Corporation, any security holder of Brown-Forman Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 1 to this Form 4. ( 2 )The closing price of BF-B ($75.57) on December 31, 2013 was used to calculate the tax withholding obligation. ( 3 )Total updated as of January 2, 2014 to reflect dividend reinvestment. ( 4 )The number of shares acquired through issuer's employee stock purchase plan as of December 26, 2013.

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 Number.