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

Role: Director
Signature: Heidi Knueppel, Attorney-In-Fact
Issuer symbol: BRC
Transactions as of: 19 Sep 2022
Net transactions value: +$37,079
Form type: 4
Filing time: 20 Sep 2022, 17:55:23 UTC
Previous filing: 13 Jun 2022
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	$116,536	+2,679	+13%	$43.50	23,120	19 Sep 2022	Direct	F1
transaction	BRC	Class A Common Stock	Options Exercise	$98,182	+3,250	+14%	$30.21	26,370	19 Sep 2022	Direct	F2
transaction	BRC	Class A Common Stock	Tax liability	$79,457	-1,822	-6.9%	$43.61	24,548	19 Sep 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	$98,182	-3,250	-100%	$30.21	0	19 Sep 2022	Class A Common Stock	3,250	$30.21	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.