BRADY CORP — Director's Dealing 2020

Jan 30, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRADY CORP (BRC)
CIK: 0000746598
Period of Report: 2020-01-29

Reporting Person: Pearce Aaron James (CFO & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-29	Class A Common Stock	M	9000	$30.21	Acquired	69204	Direct
2020-01-29	Class A Common Stock	F	6842	$57.11	Disposed	62362	Direct
2020-01-29	Class A Common Stock	M	4523	$31.07	Acquired	66885	Direct
2020-01-29	Class A Common Stock	F	3430	$57.13	Disposed	63455	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-29	Stock Option	$30.21	M	9000	Disposed	2022-09-21	Class A Common Stock (9000.0)	Direct
2020-01-29	Stock Option	$31.07	M	4523	Disposed	2023-09-20	Class A Common Stock (4523.0)	Direct

Footnotes

F1: Represents net exercise of stock option. 9,000 options were exercised, resulting in a net gain of 2,158 shares (4,239 gross shares less payroll tax withholding of 2,081 shares).

F2: Represents net exercise of stock option. 4,523 options were exercised, resulting in a net gain of 1,093 shares (2,063 gross shares less payroll tax withholding of 970 shares).

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