Frank W. Harris - Sep 19, 2022 Form 4 Insider Report for BRADY CORP (BRC)

Role
Director
Signature
Heidi Knueppel, Attorney-In-Fact
Stock symbol
BRC
Transactions as of
Sep 19, 2022
Transactions value $
$37,079
Form type
4
Date filed
9/20/2022, 05:55 PM
Previous filing
Jun 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction BRC Class A Common Stock +Grant/Award $116,537 +2,679 +13.11% $43.50 23,120 Sep 19, 2022 Direct F1
transaction BRC Class A Common Stock +Options Exercise $98,183 +3,250 +14.06% $30.21 26,370 Sep 19, 2022 Direct F2
transaction BRC Class A Common Stock -Tax liability -$79,457 -1,822 -6.91% $43.61 24,548 Sep 19, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BRC Stock Option -Options Exercise -$98,183 -3,250 -100% $30.21 0 Sep 19, 2022 Class A Common Stock 3,250 $30.21 Direct F3

Explanation of Responses:

Id Content
F1 Reporting owner acquired 2,679 unrestricted shares of Class A Common Stock as compensation for their services as a member of the Board of Directors.
F2 Represents net exercise of stock option. 3,250 options were exercised, resulting in a net gain of 1,428 shares.
F3 Represents options exercisable one-third each year for the three years subsequent to the grant date.