BRADY CORP — Director's Dealing 2017

Nov 21, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRADY CORP (BRC)
CIK: 0000746598
Period of Report: 2017-11-17

Reporting Person: RICHARDSON BRADLEY C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-17	Class A Common Stock	M	10000	$38.31	Acquired	11460	Direct
2017-11-17	Class A Common Stock	F	9785	$39.15	Disposed	1675	Direct
2017-11-17	Class A Common Stock	M	8400	$28.73	Acquired	10075	Direct
2017-11-17	Class A Common Stock	F	6164	$39.15	Disposed	3911	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-17	Stock Option Net Exercise	$38.31	M	10000	Disposed	2017-12-04	Class A Common Stock (10000.0)	Direct
2017-11-17	Stock Option Net Exercise	$28.73	M	8400	Disposed	2019-09-25	Class A Common Stock (8400.0)	Direct

Footnotes

F1: Represents net exercise of stock option. 10,000 options were exercised, resulting in a net gain of 215 shares.

F2: Represents options exercisable one third each year for the three years subsequent to the grant date.

F3: Represents net exercise of stock option. 8,400 options were exercised, resulting in a net gain of 2,236 shares.