MSA Safety Inc — Director's Dealing 2017

May 4, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MSA Safety Inc (MSA)
CIK: 0000066570
Period of Report: 2017-05-02

Reporting Person: RYAN JOHN T III (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-02	Common Stock, no par value	M	4854.0000	$21.7100	Acquired	1018655.0000	Direct
2017-05-02	Common Stock, no par value	M	3715.0000	$29.3300	Acquired	1022370.0000	Direct
2017-05-02	Common Stock, no par value	M	912.0000	$45.2400	Acquired	1023282.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-02	Non-statutory Stock Option	$45.2400	M	912.0000	Disposed	2018-02-26	Common Stock, no par value (912.0000)	Direct
2017-05-02	Non-statutory Stock Option	$29.3300	M	3715.0000	Disposed	2020-05-14	Common Stock, no par value (3715.0000)	Direct
2017-05-02	Non-statutory Stock Option	$21.7100	M	4854.0000	Disposed	2019-05-15	Common Stock, no par value (4854.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, no par value	120011.0000	Indirect
Common Stock, no par value	288513.0000	Indirect
Common Stock, no par value	11000.0000	Indirect
Common Stock, no par value	823878.0000	Indirect

Footnotes

F1: Family limited partnership in which I am a general partner and in which I and members of my immediate family are owners of pecuniary interests.

F2: Shares held in trusts of which I am a trustee and in which I and members of my immediate family are among the beneficiaries.