Edgar Filing: BRADY CORP

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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3235-0104

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Pearce Aaron James

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2010

3. Issuer Name and Ticker or Trading Symbol
BRADY CORP [BRC]

(Last)

(First)

(Middle)

6555 W. GOOD HOPE ROAD

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
V.P., Treasurer, Dir. of I.R.

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

MILWAUKEE,Â WIÂ 53223

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock ⁽¹⁾	50.603	D	Â
Class A Common Stock ⁽²⁾	1,956.3495	D	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Deffered Compensation Units ⁽³⁾	Â ⁽³⁾	Â ⁽³⁾	Class A Common Stock	2,899.3329	$ ⁽³⁾	D	Â
Class A Common Stock ⁽⁴⁾	11/18/2005	11/18/2014	Option to Buy	3,000	$ 28.8425	D	Â
Class A Common Stock ⁽⁵⁾	11/30/2006	11/30/2015	Option to Buy	5,000	$ 37.83	D	Â
Class A Common Stock ⁽⁶⁾	11/30/2007	11/30/2016	Option to Buy	5,000	$ 38.19	D	Â
Class A Common Stock ⁽⁷⁾	12/04/2008	12/04/2017	Option to Buy	5,000	$ 38.31	D	Â
Class A Common Stock ⁽⁸⁾	07/22/2013	07/22/2018	Option to Buy	20,000	$ 36.07	D	Â
Class A Common Stock ⁽⁹⁾	12/04/2009	12/04/2018	Option to Buy	5,000	$ 20.95	D	Â
Class A Common Stock ⁽¹⁰⁾	09/25/2010	09/25/2019	Option to Buy	7,000	$ 28.73	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Pearce Aaron James 6555 W. GOOD HOPE ROAD MILWAUKEE,Â WIÂ 53223	Â	Â	Â V.P., Treasurer, Dir. of I.R.	Â

Signatures

Krista Ebbens, as Attorney-in-fact		01/08/2010
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Represents shares of Class A Common Stock purchased under the issuer's ESPP.
(2)	Represents shares of Class A Common Stock purchased under the issuer's 401(K) payroll deduction plan.
(3)	The deferred compensation stock units were acquired under the Brady Corporation employee deferred compensation plan. Each deferred compensation unit is the economic equivalent of one share of Class A Common Stock. The deferred compensation units become payable in share of Brady's Class A Common Stock upon the reporting persons cessation of service as an employee of Brady Corporation.
(4)	These options vested one-third each fiscal year 2005-2007, and are fully vested.
(5)	These options vested one-third each fiscal year 2006-2008, and are fully vested.
(6)	These options vested one- third each fiscal year 2007-2009, and are fully vested.
(7)	These options vest one-third each fiscal year 2008-2010.
(8)	These are cliff options and fully vest in 5 years after issuance on July 22, 2013.
(9)	These option vest one-third each fiscal year 2009-2011.
(10)	These options vest one-third each fiscal year 2010-2012.

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