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 Award $117K +2.68K +13.11% $43.50 23.1K Sep 19, 2022 Direct F1
transaction BRC Class A Common Stock Options Exercise $98.2K +3.25K +14.06% $30.21 26.4K Sep 19, 2022 Direct F2
transaction BRC Class A Common Stock Tax liability -$79.5K -1.82K -6.91% $43.61 24.5K 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 -$98.2K -3.25K -100% $30.21 0 Sep 19, 2022 Class A Common Stock 3.25K $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.