BRADY CORP 4
4 · BRADY CORP · Filed May 31, 2006
Insider Transaction Report
Form 4
BRADY CORPBRC
OLIVER MICHAEL O
Sr. V.P. Human Resources
Transactions
- Award
Phantom Stock Units
2006-05-30$40.45/sh+33.117$1,340→ 17,701.408 total→ Class A Common Stock (33.117 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 service as an employee.