BUCHANAN ROBERT C 4
4 · BRADY CORP · Filed Oct 9, 2009
Insider Transaction Report
Form 4
BRADY CORPBRC
BUCHANAN ROBERT C
Director
Transactions
- Award
Deferred Compensation Units
2009-09-30$22.78/sh+0.063$1→ 57,128.54 total→ Class A Common Stock (0.063 underlying) - Award
Option to Buy
2009-09-25+8,400→ 8,400 totalExercise: $28.73From: 2010-09-25Exp: 2019-09-25→ Class A Common Stock (8,400 underlying)
Holdings
- 1,700
Class A Common Stock
Footnotes (3)
- [F1]The deferred compensation stock units were acquired under the Brady Corporation director deferred compensation plan. Each deferred compensation unit is the economic equivalent of one share of Class A Common Stock. The deferred compensation units become payable in shares of Brady's Class A Common Stock upon the reporting persons cessation of service as a director.
- [F2]These options vest one-third each fiscal year 2010-2012.
- [F3]Stock option granted pursuant to Brady Corporation 2010 Non-Qualified Stock Option Plan for Non-Employee Directors.