BRADY CORP 4
4 · BRADY CORP · Filed Jun 1, 2006
Insider Transaction Report
Form 4
BRADY CORPBRC
PEIRCE ROGER D
Director
Transactions
- Award
Phantom Stock Options
2006-05-30$40.45/sh+1.522$62→ 62,207.961 total→ Class A Common Stock (1.522 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.