BRADY CORP — Director's Dealing 2020

Feb 27, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRADY CORP (BRC)
CIK: 0000746598
Period of Report: 2020-02-25

Reporting Person: Bolognini Louis T (SR VP - GENERAL COUNSEL)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-25	Class A Common Stock	M	4643	$35.14	Acquired	23778	Direct
2020-02-25	Class A Common Stock	F	3987	$49.95	Disposed	19791	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-25	Stock Option	$35.14	M	4643	Disposed	2026-09-23	Class A Common Stock (4643.0)	Direct

Footnotes

F1: Represents net exercise of stock option. 4,643 options were exercised, resulting in a net gain of 656 shares (1,376 gross shares less payroll tax withholding of 720 shares).

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