Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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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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Filed By
Romeo and Dye's
Section 16 Filer
www.section16.net

1. Name and Address of Reporting Person*

Berg, Donald C.

2. Issuer Name and Ticker or Trading Symbol
Brown_Forman Corporation (BFA & BFB)

6. Relationship of Reporting Person(s)
to Issuer (Check all applicable)
    Director                                       10% Owner
X Officer (give title below)          Other (specify below)

Senior Vice President                             

(Last)      (First)     (Middle)

850 Dixie Highway
 

3. I.R.S. Identification Number
of Reporting Person,
if an entity (voluntary)

 

4. Statement for
Month/Day/Year
04/07/03

(Street)

Louisville, KY 40210

5. If Amendment,
Date of Original
(Month/Day/Year)
 		 7. 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. Trans-
action
Date
(Month/ Day/
Year)

2A. Deemed
Execution
Date,
if any
(Month/Day/
Year)

3. Trans-
action Code
(Instr. 8)

4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 & 5)

5. Amount of
Securities
Beneficially
Owned Follow-
ing Reported Transactions(s)
(Instr. 3 & 4)

6. Owner-
ship 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

 

 

 

 

 

 

 

302.0

D

 

Class B Common

04/07/03

 

M

 

1,049

A

36.13

 

D

 

Class B Common

04/07/03

 

M

 

2,074

A

49.13

 

D

 

Class B Common

04/07/03

 

S

 

3,123

D

80.00

104

D

 
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).

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FORM 4 (continued)

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. Conver-
sion or
Exercise
Price of Derivative Security

3. Trans-
action Date

(Month/
Day/
Year)

3A. Deemed
Execution
Date,
if any
(Month/
Day/
Year)

4. Trans-
action
Code

(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)

(Instr. 3, 4 & 5)

6. Date Exercisable
and Expiration
Date
(Month/Day/
Year)

7. Title and Amount of Underlying Securities
(Instr. 3 & 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of
Derivative
Securities
Beneficially
Owned
Following
Reported Transaction(s)
(Instr. 4)

10. Owner-
ship Form
of Deriv-
ative
Security:
Direct (D)
or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

V

(A)

(D)

Date Exer-cisable

Expira-
tion
Date

Title

Amount or Number of
Shares

Non-Qualified Stock Option (right to buy)

36.13

04/07/03

 

M

 

 

1049

05/01/99

04/30/06

Class B Common

1,049.0

 

0

D

 

Non-Qualified Stock Option (right to buy)

49.13

04/07/03

 

M

 

 

2074

05/01/00

04/30/07

Class B Common

2,074.0

 

0

D

 

Non-Qualified Stock Option (right to buy)

50.44

 

 

 

 

 

 

05/01/03

04/30/10

Class B Common

7,731.0

 

7,731.0

D

 

Non-Qualified Stock Option (right to buy)

61.25

 

 

 

 

 

 

05/01/01

04/30/08

Class B Common

1,991.0

 

1,991.0

D

 

Non-Qualified Stock Option (right to buy)

62.25

 

 

 

 

 

 

05/01/02

04/30/09

Class B Common

5,016.0

 

5,016.0

D

 

Non-Qualified Stock Option (right to buy)

64.22

 

 

 

 

 

 

05/01/05

04/30/12

Class B Common

6,596.0

 

6,596.0

D

 

Non-Qualified Stock Option (right to buy)

68.33

 

 

 

 

 

 

05/01/04

04/30/11

Class B Common

7,408.0

 

7,408.0

D

 

Non-Qualified Stock Option (right to buy)

100.00

 

 

 

 

 

 

05/01/06

09/01/07

Class B Common

300.0

 

300.0

D

 

Explanation of Responses:
  By: /s/ John R. Edds
             Donald C. Berg
**Signature of Reporting Person		 04/08/03
Date

**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.

 

 
Know all by these present, that the undersigned hereby constitutes and appoints each of Michael B. Crutcher, John R. Edds, and
Nelea A. Absher, signing singly, the undersigned's true and lawful attorney-in-fact to:

1.  execute for and on behalf of the undersigned, in the undersigned's capacity as an officer and/or director of Brown-Forman
    Corporation (the "Company"), Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and
    the rules thereunder;

2.  do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and
    execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with
    the United States Security and Exchange Commission and any stock exchange or similar authority; and

3. take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-
   fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the
   documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in
   such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-facts's
   discretion.

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and
thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herin granted, as
fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution
or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in fact's substitutes, shall
lawfully do or cause to be done by virtue of this power and the rights and powers herein granted.  The undersigned acknowledges
that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is
the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of
1934.  This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms
3,4, and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier
revoked by the undersigned in a signed writing delivered to the forgoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 22nd day of August, 2002.


Signature:  /s/  Donald C Berg