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BRADY CORP — Director's Dealing 2021
Nov 10, 2021
31233_dirs_2021-11-10_00f13f33-309b-491a-8454-5a1e43a57e6f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BRADY CORP (BRC)
CIK: 0000746598
Period of Report: 2021-11-08
Reporting Person: Nauman J Michael (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-08 | Class A Common Stock | M | 100000 | $19.96 | Acquired | 174295 | Direct |
| 2021-11-08 | Class A Common Stock | F | 65988 | $55.72 | Disposed | 108307 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-08 | Stock Option | $19.96 | M | 100000 | Disposed | 2025-09-25 | Class A Common Stock (100000.0) | Direct |
Footnotes
F1: Represents net exercise of stock option. 100,000 options were exercised, resulting in a net gain of 34,012 shares (64,175 gross shares less payroll tax withholding of 30,163 shares).
F2: Represents options exercisable one third each year for the three years subsequent to the grant date.
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