UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 11, 2007
BRADY CORPORATION
(Exact name of registrant as specified in its charter)
Commission File Number 1-14959
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Wisconsin
(State of Incorporation)
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39-0971239
(IRS Employer Identification No.) |
6555 West Good Hope Road
Milwaukee, Wisconsin 53223
(Address of Principal Executive Offices and Zip Code)
(414) 358-6600
(Registrant’s Telephone Number)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
Item 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On September 12, 2007, Brady Corporation (the “Corporation”) issued a press release announcing
its fiscal 2007 fourth quarter financial results. A copy of the press release is being furnished
to the Securities and Exchange Commission as Exhibit 99.1 attached hereto and is incorporated
herein by reference.
Item 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN
OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
(e) On September 12, 2007, the Corporation amended the Brady Corporation Deferred Compensation
Plan, Brady Corporation Directors’ Deferred Compensation Plan, and Brady Corporation Restoration
Plan so that the plans remain compliant with the regulations recently issued under Section 409A of
the Internal Revenue Code. The amendments, which are technical in nature and are not intended to
materially alter the content of the plans, become effective on January 1, 2008. The foregoing
description of the amendments does not purport to be complete and is qualified in its entirety by
reference to the full text of the Brady Corporation Deferred Compensation Plan, Brady Corporation
Directors’ Deferred Compensation Plan, and Brady Corporation Restoration Plan, copies of which are
filed herewith as Exhibit 10.1, 10.2 and 10.3, respectively, and are incorporated herein by
reference.
Item 8.01 OTHER EVENTS
On September 11, 2007, the Corporation announced that its Board of Directors had increased the
quarterly cash dividend on its Class A Common Stock from $0.14 to $0.15 per share. The dividend
will be paid on October 31, 2007, to shareholders of record as of the close of business on October
10, 2007. A copy of the press release regarding the dividend is attached hereto as Exhibit 99.2
and is incorporated herein by reference.
Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits.
The following are filed as Exhibits to this Report.
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Description of Exhibit |
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10.1
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Brady Corporation Deferred Compensation Plan, as amended. |
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10.2
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Brady Corporation Directors’ Deferred Compensation Plan, as amended. |
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10.3
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Brady Corporation Restoration Plan, as amended. |
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99.1
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Press Release of Brady Corporation, dated September 12, 2007, relating to fourth quarter
fiscal 2007 financial results. |
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99.2
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Press Release of Brady Corporation, dated September 11, 2007, relating to increase in
quarterly dividend. |