BRADY CORP 4
4 · BRADY CORP · Filed Jan 4, 2006
Insider Transaction Report
Form 4
BRADY CORPBRC
NEI GARY E
Director
Transactions
- Award
Phantom Stock Units
2005-12-30$36.25/sh+0.074$3→ 32,693.54 total→ Class A Common Stock (0.074 underlying)
Footnotes (2)
- [F1]This security converts to a common stock on a 1 for 1 basis.
- [F2]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 of services as an employee.