X0305 4 2012-03-28 0000746598 BRADY CORP BRC 0001222849 JAEHNERT FRANK M 6555 W. GOOD HOPE RD. MILWAUKEE WI 53223 1 1 0 0 President & CEO Class A Common Stock 5446.3248 I Spouse Class A Common Stock 17904.9812 D Class A Common Stock 2012-03-28 4 A 0 29385 32.90 A 37754 D Deferred Compensation Unit Class A Common Stock 89377.3052 D Stock Option Exercise 32.90 2012-03-28 4 A 0 75000 13.31 A 2004-02-24 2013-02-24 Class A Common Stock 75000 29385 D The reporting person disclaims beneficial ownership of these securities to the extent jointly owned and this report shall not be deemed an admission that the reporting person is the beneficiary of these securities for Section 16 purposes or any other purpose. 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 Brady's Class A Common Stock upon the reporting person's cessation of service as a director. 75.000 shares of Class A Common Stock were issued pursuant to the stock option exercise on March 28, 2012. Shares were utilized to pay the reporting person's payroll tax withholding obligations, therefore a net amount of 29,385 shares were issued to the reporting person. Represents shares of Class A Common Stock purchased under the issuer's 401(k) payroll deduction plan. Krista Ebbens 2012-03-30