BRADY CORP 4
4 · BRADY CORP · Filed Sep 1, 2005
Insider Transaction Report
Form 4
BRADY CORPBRC
PEIRCE ROGER D
Director
Transactions
- Award
Phantom Stock Units
2005-08-31$30.45/sh+2.466$75→ 61,515.415 total→ Class A Common Stock (2.466 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.