BRADY CORP 4
4 · BRADY CORP · Filed Aug 1, 2006
Insider Transaction Report
Form 4
BRADY CORPBRC
OLIVER MICHAEL O
Sr. V.P. Human Resources
Transactions
- Award
Phantom Stock Units
2006-07-31$33.72/sh+42.992$1,450→ 17,776.372 total→ Class A Common Stock (42.992 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.