SEC Form 4 · accession 0000746598-17-000035
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
Apr 27, 2017
Accepted (ET)
May 1, 2017 · 10:30 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 | Apr 27, 2017 | M | 15,000 | $38.31 | A | 83,977 | D | |
| Class A Common StockF1 | Apr 27, 2017 | F | 14,754 | $39.55 | D | 69,223 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option Net ExerciseF2 | $38.31 | Apr 27, 2017 | M | 15,000 | D | — | Dec 4, 2017 | Class A Common Stock | 15,000 | 10,000 | D |
Explanation of responses
- F1Represents net exercise of stock option. 15,000 options were exercised, resulting in a net gain of 246 shares (470 gross shares less payroll tax withholding of 224 shares).
- F2Represents options exercisable one third each year for the three years subsequent to the grant date.