SEC Form 4 · accession 0000746598-17-000156
BRADY CORP · BRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley C Richardson
Director
Period of report
Nov 17, 2017
Accepted (ET)
Nov 21, 2017 · 2:52 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 Stock | Nov 17, 2017 | M | 10,000 | $38.31 | A | 11,460 | D | |
| Class A Common Stock | Nov 17, 2017 | F | 9,785 | $39.15 | D | 1,675 | D | |
| Class A Common Stock | Nov 17, 2017 | M | 8,400 | $28.73 | A | 10,075 | D | |
| Class A Common Stock | Nov 17, 2017 | F | 6,164 | $39.15 | D | 3,911 | 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 ExerciseF1,F2 | $38.31 | Nov 17, 2017 | M | 10,000 | D | — | Dec 4, 2017 | Class A Common Stock | 10,000 | 0 | D |
| Stock Option Net ExerciseF3,F2 | $28.73 | Nov 17, 2017 | M | 8,400 | D | — | Sep 25, 2019 | Class A Common Stock | 8,400 | 0 | D |
Explanation of responses
- F1Represents net exercise of stock option. 10,000 options were exercised, resulting in a net gain of 215 shares.
- F2Represents options exercisable one third each year for the three years subsequent to the grant date.
- F3Represents net exercise of stock option. 8,400 options were exercised, resulting in a net gain of 2,236 shares.