Ownership Submission
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

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
BROWN OWSLEY II
  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 (Month/Day/Year)
04/29/2011
(Street)

LOUISVILLE, KY 40210
4. If Amendment, Date 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
(City)
(State)
(Zip)
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               127,500 D  
Class A Common               336,517 I GRAT 1994
Class A Common               544,084 I GRAT 2001
Class A Common               198,032 I GRAT 2002
Class A Common               99,964 I Longview 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               173,579 I Spouse
Class B Common 04/29/2011   J(1)   241 A $ 0 68,677 D  
Class B Common               84,129 I GRAT 1994
Class B Common               140,482 I GRAT 2001
Class B Common               52,643 I GRAT 2002
Class B Common               43,499 I Longview, LP
Class B Common               947 I Nectar
Class B Common 04/29/2011   J(1)   10,919.25 A $ 0 488,932 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 04/29/2011   J(1)   22,463 D $ 0 1,208,770.5 I Ganymede, LP
Class B Common 04/29/2011   J(1)   5,516 A $ 0 4,075,702 I Olympus Three, LLC
Class B Common               26,298 I Grandchildren's Equalization Trust 1998
Class B Common               43,270 I Spouse

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 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
Non-Qualified Stock Option (right to buy) $ 24.7             05/01/2005 04/30/2012 Class B Common 103,041   103,041 D  
Non-Qualified Stock Option (right to buy) $ 30.18             05/01/2006 04/30/2013 Class B Common 102,960   102,960 D  
Non-Qualified Stock Option (right to buy) $ 35.83             05/01/2007 04/30/2014 Class B Common 82,386   82,386 D  
Stock Appreciation Right $ 53.62             11/15/2007 04/30/2017 Class B Common 3,332   3,332 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BROWN OWSLEY II
850 DIXIE HIGHWAY
LOUISVILLE, KY 40210
    X    

Signatures

 Holli H. Lewis, Atty In Fact for: Owsley Brown II   05/03/2011
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) On April 29, 2011, Ganymede, LP, of which the reporting person is a general partner, made a pro rata distribution to its general and limited partners of 90,572 shares of Class B common stock.
 
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.

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