SEC Form 4 · accession 0000746598-16-000322
BRADY CORP · BRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bentley Curran
Officer — CIO & VP - Digital Business
Period of report
Sep 28, 2016
Accepted (ET)
Sep 29, 2016 · 2:53 pm 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 Stock | Sep 28, 2016 | M | 8,000 | $20.95 | A | 36,459 | D | |
| Class A Common StockF1 | Sep 28, 2016 | S | 6,378 | $34.7112 | D | 29,613 | 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 28, 2016 | M | 8,000 | D | — | Dec 4, 2018 | Class A Common Stock | 8,000 | 0 | D |
Explanation of responses
- F1Represents the sale of shares to cover option cost and tax withholding. 1,622 net shares were retained.
- F2Represents options exercisable one third each year for the three years subsequent to the grant date.