BRADY CORP — Director's Dealing 2017

Sep 26, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRADY CORP (BRC)
CIK: 0000746598
Period of Report: 2017-09-22

Reporting Person: Shaller Russell (President Identification Solns)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-09-22	Class A Common Stock	A	4976	—	Acquired	39708	Direct
2017-09-23	Class A Common Stock	F	839	$36.85	Disposed	38869	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-09-22	Stock Option	$36.85	A	21295	Acquired	2027-09-22	Class A Common Stock (21295.0)	Direct

Footnotes

F1: Represents restricted stock units which vest one third each year for the three years subsequent to the grant date. Upon vesting, each restricted stock unit will be settled solely by delivery of one share of Class A Common Stock.

F2: Represents shares withheld to cover taxes on 1,740 restricted stock units that vested on September 23, 2017.

F3: Represents options exercisable one third each year for the three years subsequent to the grant date.