SEC Form 4 · accession 0000746598-16-000364
BRADY CORP · BRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley C Richardson
Director
Period of report
Dec 9, 2016
Accepted (ET)
Dec 13, 2016 · 4:23 pm EST
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 | Dec 9, 2016 | M | 6,000 | $20.95 | A | 6,000 | D | |
| Class A Common StockF1 | Dec 9, 2016 | S | 4,540 | $39.00 | D | 1,460 | 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 | Dec 9, 2016 | M | 6,000 | D | — | Dec 4, 2018 | Class A Common Stock | 6,000 | 0 | D |
Explanation of responses
- F1Represents exercise of stock option. 6,000 options were exercised, resulting in a net gain of 1,460 shares (6,000 gross shares less payroll tax withholding of 4,540 shares).
- F2Represents options exercisable one third each year for the three years subsequent to the grant date.