PEIRCE ROGER D 4
4 · BRADY CORP · Filed May 3, 2005
Insider Transaction Report
Form 4
BRADY CORPBRC
PEIRCE ROGER D
Director
Transactions
- Award
Phantom Stock Units
2005-04-29$29.41/sh+0.009$0→ 61,087.132 total→ Class A Common Stock (0.009 underlying)
Footnotes (2)
- [F1]The phantom stock units were acquired under the Brady Corporation employee deferred compensation agreement and are to be settled in installment payments of Brady's Class A Common Stock upon the person's cessation as an director.
- [F2]This security converts to a common stock on a 1 for 1 basis.