J. Michael Nauman - 08 Nov 2021 Form 4 Insider Report for BRADY CORP (BRC)

Reporting relationship: President & CEO, Director
Issuer ticker: BRC
Reported as of: 08 Nov 2021
Net transaction value: -$1,680,851
SEC form: 4
Accepted by SEC: 10 Nov 2021, 16:26:04 UTC
Prior SEC filing: 04 Oct 2021
Next SEC filing: 23 May 2022
Source filing: View source filing
Reporting owner signature: Heidi Knueppel, Attorney-In-Fact

Key filing fact

J. Michael Nauman filed Form 4 for BRADY CORP (BRC) on 10 Nov 2021.

Key facts

This page summarizes J. Michael Nauman's Form 4 filing for BRADY CORP (BRC).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 10 Nov 2021, 16:26.

Change

Previous filing in this sequence was filed on 04 Oct 2021.
Current net transaction value: -$1,680,851.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BRC transaction

Class A Common Stock

Options Exercise

Transaction value: $1,996,000
Shares: +100,000
Change %: +135%
Price: $19.96
Shares after: 174,295
Date: 08 Nov 2021
Ownership: Direct
Footnotes: F1

BRC transaction

Class A Common Stock

Tax liability

Transaction value: $3,676,851
Shares: -65,988
Change %: -38%
Price: $55.72
Shares after: 108,307
Date: 08 Nov 2021
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BRC transaction Derivative

Stock Option

Options Exercise

Transaction value: $0
Shares: -100,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 08 Nov 2021
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 100,000
Exercise price: $19.96
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents net exercise of stock option. 100,000 options were exercised, resulting in a net gain of 34,012 shares (64,175 gross shares less payroll tax withholding of 30,163 shares).

Footnote F2

Represents options exercisable one third each year for the three years subsequent to the grant date.