SEC Form 4 · accession 0000746598-17-000164
BRADY CORP · BRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elizabeth P Bruno
Director
Period of report
Nov 28, 2017
Accepted (ET)
Nov 29, 2017 · 12:09 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 | Nov 28, 2017 | M | 6,000 | $38.31 | A | 377,509 | D | |
| Class A Common StockF1 | Nov 28, 2017 | F | 5,856 | $39.25 | D | 371,653 | 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 | Nov 28, 2017 | M | 6,000 | D | — | Dec 4, 2017 | Class A Common Stock | 6,000 | 0 | D |
Explanation of responses
- F1Represents net exercise of stock option. 6,000 options were exercised, resulting in a net gain of 144 shares.
- F2Represents options exercisable one third each year for the three years subsequent to the grant date.