SEC Form 4
FORM 4 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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BROWN OWSLEY II

(Last) (First) (Middle)
850 DIXIE HIGHWAY

(Street)
LOUISVILLE KY 40210

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
01/06/2009
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 01/06/2009 G V 6,966 D $0 125,125 D
Class A Common 200,032 I Breeze Hill LP
Class A Common 336,517 I GRAT 1994
Class A Common 22,958 I GRAT 2001
Class A Common 99,964 I Longview LP
Class A Common 529,610 I Poplar Terrace LP
Class A Common 1,612 I Guilford-Brown LP
Class A Common 3,789 I Nectar LP
Class A Common 438,009 I Ganymede LP
Class A Common 2,113,839 I Olympus Three, LLC
Class A Common 01/06/2009 G V 258 A $0 173,350 I Spouse
Class B Common 34,564 D
Class B Common 50,008 I Breeze Hill LP
Class B Common 84,129 I GRAT 1994
Class B Common 5,739 I GRAT 2001
Class B Common 68,002 I Equal Shares 2006, LP
Class B Common 26,618 I Longview, LP
Class B Common 132,402 I Poplar Terrace LP
Class B Common 403 I Guilford-Brown LP
Class B Common 947 I Nectar
Class B Common 433,236.25 I Hebe, LP
Class B Common 3,171 I Hebe Non-Exempt Trust fbo Owsley Brown II
Class B Common 1,092 I Hebe Exempt Trust fbo Owsley Brown II
Class B Common 1,276,190 I GANYMO Trust/Partnership
Class B Common 4,070,185 I Olympus Three, LLC
Class B Common 43,273 I Spouse
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 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: 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) $19.68 05/01/2003 04/30/2010 Class B Common 101,327 101,327 D
Non_Qualified Stock Option (right to buy) $26.67 05/01/2004 04/30/2011 Class B Common 80,112 80,112 D
Non-Qualified Stock Option (right to buy) $25.06 05/01/2005 04/30/2012 Class B Common 101,568 101,568 D
Non-Qualified Stock Option (right to buy) $30.62 05/01/2006 04/30/2013 Class B Common 101,488 101,488 D
Non-Qualified Stock Option (right to buy) $36.35 05/01/2007 04/30/2014 Class B Common 81,208 81,208 D
Stock Appreciation Right $54.4 11/15/2007 04/30/2017 Class B Common 3,284 3,284 D
Explanation of Responses:
Remarks:
Filing of this form should not be construed as an admission that the filing person is, for purposes of Section 16 of the Securities Exchange Act of 1934, the "beneficial owner" of any equity securities held in a limited partnership or in trust and reported on this form.
Diane M. Barhorst, Atty In Fact for: Owsley Brown II 02/04/2009
** 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).
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