Nauman J Michael 4
4 · BRADY CORP · Filed Nov 10, 2021
Insider Transaction Report
Form 4
BRADY CORPBRC
Nauman J Michael
DirectorPresident & CEO
Transactions
- Tax Payment
Class A Common Stock
2021-11-08$55.72/sh−65,988$3,676,851→ 108,307 total - Exercise/Conversion
Stock Option
2021-11-08−100,000→ 0 totalExercise: $19.96Exp: 2025-09-25→ Class A Common Stock (100,000 underlying) - Exercise/Conversion
Class A Common Stock
2021-11-08$19.96/sh+100,000$1,996,000→ 174,295 total
Footnotes (2)
- [F1]Represents net exercise of stock option. 100,000 options were exercised, resulting in a net gain of 34,012 shares (64,175 gross shares less payroll tax withholding of 30,163 shares).
- [F2]Represents options exercisable one third each year for the three years subsequent to the grant date.