Aaron James Pearce - Apr 28, 2023 Form 4 Insider Report for BRADY CORP (BRC)

Role
CFO & Treasurer
Signature
Heidi Knueppel, Attorney-In-Fact
Stock symbol
BRC
Transactions as of
Apr 28, 2023
Transactions value $
-$155,275
Form type
4
Date filed
5/2/2023, 02:07 PM
Previous filing
Dec 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRC Class A Common Stock Tax liability -$155K -3.06K -3.05% $50.81 97.1K Apr 28, 2023 Direct F1
transaction BRC Class A Common Stock Disposed to Issuer $0 -6.9K -7.1% $0.00 90.2K Apr 28, 2023 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 Disposed to Issuer $0 -24K -100% $0.00* 0 Apr 28, 2023 Class A Common Stock 24K $43.50 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Aaron James Pearce is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents shares withheld to cover taxes on 6,522 restricted stock units that vested on April 28, 2023.
F2 Represents unvested shares of service-based restricted stock units granted on September 19, 2022 that were forfeited to Brady Corporation on April 28, 2023, the reporting owner's separation date.
F3 Represents options exercisable one third each year for the three years subsequent to the grant date.
F4 Represents unvested shares of service-based stock options granted on September 19, 2022 that were forfeited to Brady Corporation on April 28, 2023, the reporting owner's separation date.