SEC Form 4 · accession 0000746598-19-000030
BRADY CORP · BRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley C Richardson
Director
Period of report
Feb 25, 2019
Accepted (ET)
Feb 27, 2019 · 11:26 am 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 | Feb 25, 2019 | M | 4,250 | $30.21 | A | 9,420 | D | |
| Class A Common StockF1 | Feb 25, 2019 | F | 2,701 | $47.53 | D | 6,719 | D | |
| Class A Common StockF2 | Feb 25, 2019 | M | 4,250 | $31.07 | A | 10,969 | D | |
| Class A Common StockF2 | Feb 25, 2019 | F | 2,778 | $47.53 | D | 8,191 | D | |
| Class A Common StockF3 | Feb 25, 2019 | M | 4,250 | $22.66 | A | 12,441 | D | |
| Class A Common StockF3 | Feb 25, 2019 | F | 2,026 | $47.53 | D | 10,415 | 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 ExerciseF4 | $30.21 | Feb 25, 2019 | M | 4,250 | D | — | Sep 21, 2022 | Class A Common Stock | 4,250 | 0 | D |
| Stock Option Net ExerciseF4 | $31.07 | Feb 25, 2019 | M | 4,250 | D | — | Sep 20, 2023 | Class A Common Stock | 4,250 | 0 | D |
| Stock Option Net ExerciseF4 | $22.66 | Feb 25, 2019 | M | 4,250 | D | — | Sep 25, 2024 | Class A Common Stock | 4,250 | 0 | D |
Explanation of responses
- F1Represents net exercise of stock option. 4,250 options were exercised, resulting in a net gain of 1,549 shares.
- F2Represents net exercise of stock option. 4,250 options were exercised, resulting in a net gain of 1,472 shares.
- F3Represents net exercise of stock option. 4,250 options were exercised, resulting in a net gain of 2,224 shares.
- F4Represents options exercisable one third each year for the three years subsequent to the grant date.