J. Michael Nauman - 01 Sep 2021 Form 4 Insider Report for BRADY CORP (BRC)

Role
President & CEO, Director
Signature
Heidi Knueppel, Attorney-In-Fact
Issuer symbol
BRC
Transactions as of
01 Sep 2021
Net transactions value
-$998,949
Form type
4
Filing time
03 Sep 2021, 10:58:01 UTC
Previous filing
06 Jul 2021
Next filing
20 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRC Class A Common Stock Award $0 +39,878 +91% $0.000000 83,857 01 Sep 2021 Direct F2
transaction BRC Class A Common Stock Tax liability $998,949 -18,742 -22% $53.30 65,115 01 Sep 2021 Direct F3
holding BRC Class A Common Stock 133,924 01 Sep 2021 By Self as Trustee for The JMN Living Trust F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Previous to the transaction date, 39,208 shares of Class A Common Stock were transferred from direct ownership into the reporting owner's living trust.
F2 Represents restricted stock units which vested upon achievement of certain financial performance goals over a three-year period. Each restricted stock unit was settled solely by delivery of one share of Class A Common Stock.
F3 Represents shares withheld to cover taxes on 39,878 restricted stock units that vested on September 1, 2021.