PATRICK W. ALLENDER - 21 Sep 2022 Form 4 Insider Report for BRADY CORP (BRC)

Role
Director
Signature
Heidi Knueppel, Attorney-In-Fact
Issuer symbol
BRC
Transactions as of
21 Sep 2022
Net transactions value
+$17.4
Form type
4
Filing time
22 Sep 2022, 09:42:21 UTC
Previous filing
20 Sep 2022
Next filing
05 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRC Class A Common Stock Options Exercise $128,392 +4,250 $30.21 4,250 21 Sep 2022 Direct F1, F2
transaction BRC Class A Common Stock Tax liability $128,375 -2,982 -70% $43.05 1,268 21 Sep 2022 Direct F1

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 $0 -4,250 -100% $0.000000* 0 21 Sep 2022 Class A Common Stock 4,250 $30.21 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents net exercise of stock option. 4,250 options were exercised, resulting in a net gain of 1,268 shares.
F2 Previous to the transaction date, 2,015 shares of Class A Common Stock were transferred from direct ownership into the reporting owner's irrevocable trust.
F3 Represents options exercisable one third each year for the three years subsequent to the grant date.