Aaron James Pearce - Aug 31, 2022 Form 4 Insider Report for BRADY CORP (BRC)

Signature
Heidi Knueppel, Attorney-In-Fact
Stock symbol
BRC
Transactions as of
Aug 31, 2022
Transactions value $
-$73,039
Form type
4
Date filed
9/1/2022, 05:05 PM
Previous filing
Oct 4, 2021
Next filing
Sep 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRC Class A Common Stock Award $0 +3.32K +3.52% $0.00 97.4K Aug 31, 2022 Direct F1, F2
transaction BRC Class A Common Stock Tax liability -$73K -1.56K -1.6% $46.88 95.9K Aug 31, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Effective December 31, 2021, Brady Corporation eliminated the BRC stock fund as an investment alternative available under Brady Corporation's 401(k) plan. As a result, the 2,441.228 shares of BRC Class A Common Stock the reporting person previously reported as beneficially owned under the plan were liquidated.
F3 Represents shares withheld to cover taxes on 3,317 restricted stock units that vested on August 31, 2022.