SEC Form 4 · accession 0000746598-18-000009
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
Jan 19, 2018
Accepted (ET)
Jan 23, 2018 · 12:52 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 | Jan 19, 2018 | M | 22,938 | $28.73 | A | 52,597 | D | |
| Class A Common StockF1 | Jan 19, 2018 | S | 20,000 | $39.00 | D | 32,597 | D | |
| Class A Common Stock | Jan 22, 2018 | M | 2,062 | $28.73 | A | 34,659 | D | |
| Class A Common StockF2 | Jan 22, 2018 | S | 1,784 | $39.10 | D | 32,875 | 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 OptionF3,F4 | $28.73 | Jan 19, 2018 | M | 22,938 | D | — | Sep 25, 2019 | Class A Common Stock | 22,938 | 2,062 | D |
| Exercise of Stock OptionF3,F4 | $28.73 | Jan 22, 2018 | M | 2,062 | D | — | Sep 25, 2019 | Class A Common Stock | 2,062 | 0 | D |
Explanation of responses
- F1Represents the sale of shares to cover option cost and tax withholding, 2,938 shares were retained.
- F2Represents the sale of shares to cover option cost and tax withholding, 278 shares were retained.
- F3Exercised and sold pursuant to reporting owner's 10b5-1 Plan
- F4Represents options exercisable one third each year for the three years subsequent to the grant date.