PEIRCE ROGER D 4
4 · BRADY CORP · Filed Jan 3, 2007
Insider Transaction Report
Form 4
BRADY CORPBRC
PEIRCE ROGER D
Director
Transactions
- Award
Deferred Comp Units
2006-12-29$37.75/sh+0.111$4→ 62,691.732 total→ Class A Common Stock (0.111 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 director.