SEC Form 4 · accession 0000746598-19-000033
BRADY CORP · BRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Louis T Bolognini
Officer — SR VP - GENERAL COUNSEL
Period of report
Feb 25, 2019
Accepted (ET)
Feb 27, 2019 · 11:27 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 Stock | Feb 25, 2019 | M | 11,131 | $19.96 | A | 37,971 | D | |
| Class A Common StockF1 | Feb 25, 2019 | S | 10,531 | $47.29 | D | 27,440 | D | |
| Class A Common StockF2 | Feb 25, 2019 | S | 600 | $47.91 | D | 26,840 | 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 | $19.96 | Feb 25, 2019 | M | 11,131 | D | — | Sep 25, 2025 | Class A Common Stock | 11,131 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.79 to $47.71, inclusive.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.82 to $48.27, inclusive.
- F3Represents options exercisable one third each year for the three years subsequent to the grant date.