BRADY CORP — Director's Dealing 2020

Jun 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRADY CORP (BRC)
CIK: 0000746598
Period of Report: 2020-06-03

Reporting Person: Nauman J Michael (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-03	Class A Common Stock	M	25770	$19.96	Acquired	64998	Direct
2020-06-03	Class A Common Stock	F	17327	$52.28	Disposed	47671	Direct
2020-06-03	Class A Common Stock	M	15069	$19.96	Acquired	62740	Direct
2020-06-03	Class A Common Stock	F	10131	$52.31	Disposed	52609	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-03	Stock Option	$19.96	M	25770	Disposed	2025-09-25	Class A Common Stock (25770.0)	Direct
2020-06-03	Stock Option	$19.96	M	15069	Disposed	2025-09-25	Class A Common Stock (15069.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	94716	Indirect

Footnotes

F1: Previous to the transaction date, 66,967 shares of Class A Common Stock were transferred from direct ownership into the reporting owner's living trust.

F2: Represents net exercise of stock option. 25,770 options were exercised, resulting in a net gain of 8,443 shares (15,931 gross shares less payroll tax withholding of 7,488 shares).

F3: Represents net exercise of stock option. 15,069 options were exercised, resulting in a net gain of 4,938 shares (9,318 gross shares less payroll tax withholding of 4,380 shares).

F4: Represents options exercisable one third each year for the three years subsequent to the grant date.