SEC Form 4 · accession 0000746598-16-000281
BRADY CORP · BRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Felmer
Officer — SRVP & Pres., Workplace Safety
Period of report
Sep 20, 2016
Accepted (ET)
Sep 22, 2016 · 11:49 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000746598
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Sep 20, 2016 | F | 1,700 | $34.875 | D | 76,753 | D | |
| Class A Common Stock | Sep 20, 2016 | M | 529 | $20.95 | A | 77,282 | D | |
| Class A Common Stock | Sep 20, 2016 | S | 529 | $35.0189 | D | 76,753 | D | |
| Class A Common Stock | Sep 21, 2016 | M | 2,866 | $20.95 | A | 79,619 | D | |
| Class A Common Stock | Sep 21, 2016 | S | 2,866 | $35.0056 | D | 76,753 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Exercise of Stock OptionF2 | $20.95 | Sep 20, 2016 | M | 529 | D | — | Dec 4, 2018 | Class A Common Stock | 529 | 24,471 | D |
| Exercise of Stock OptionF2 | $20.95 | Sep 21, 2016 | M | 2,866 | D | — | Dec 4, 2018 | Class A Common Stock | 2,866 | 21,605 | D |
Explanation of responses
- F1Represents shares withheld to cover taxes on 3,526 restricted stock units that vested on September 20, 2016.
- F2Represents options exercisable one third each year for the three years subsequent to the grant date.