SEC Form 4 · accession 0000746598-18-000049
BRADY CORP · BRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley C Richardson
Director
Period of report
Jun 15, 2018
Accepted (ET)
Jun 19, 2018 · 4:45 pm 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 | Jun 15, 2018 | M | 8,400 | $29.10 | A | 10,911 | D | |
| Class A Common StockF1 | Jun 15, 2018 | F | 6,119 | $39.95 | D | 4,792 | D | |
| Class A Common StockF2 | Jun 15, 2018 | M | 4,250 | $27.00 | A | 9,042 | D | |
| Class A Common StockF2 | Jun 15, 2018 | F | 2,872 | $39.95 | D | 6,170 | 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 ExerciseF3 | $29.10 | Jun 15, 2018 | M | 8,400 | D | — | Sep 24, 2020 | Class A Common Stock | 8,400 | 0 | D |
| Stock Option Net ExerciseF3 | $27.00 | Jun 15, 2018 | M | 4,250 | D | — | Sep 30, 2021 | Class A Common Stock | 4,250 | 0 | D |
Explanation of responses
- F1Represents net exercise of stock option. 8,400 options were exercised, resulting in a net gain of 2,281 shares.
- F2Represents net exercise of stock option. 4,250 options were exercised, resulting in a net gain of 1,378 shares.
- F3Represents options exercisable one third each year for the three years subsequent to the grant date.