X0306 4 2012-09-26 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 2012-09-25 4 A 0 23813 13.31 A 61567 D Class A Common Stock 18302.7479 D Deferred Compensation Unit Class A Common Stock 90541.1399 D Stock Option Net Exercise 13.31 2012-09-25 4 M 0 23813 13.31 A Class A Common Stock 23813 23813 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. Represents shares of Class A Common Stock purchased under the issuer's 401(k) payroll deduction plan. Represents net exercise of stock option, an exercise of 65,000 options minus shares necessary to pay tax withholding, netting in 23,813 shares. Sherilyn Whitmoyer, Attorney in Fact 2012-09-26