SEC Form 3 
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
or Section 30(h) of the Investment Company Act of 1940 	  
OMB APPROVAL
OMB Number:	3235-0104	
Estimated average burden	
hours per response:	0.5	

	
1. Name and Address of Reporting Person*
Pearce Aaron James	

(Last)	(First)	(Middle)	
6555 W. GOOD HOPE ROAD	

(Street) 
MILWAUKEE	WI	53223	

(City)	(State)	(Zip)	
	2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2010 	3. Issuer Name and Ticker or Trading Symbol 
BRADY CORP [ BRC ] 		
		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 of Original Filed (Month/Day/Year)				
			6. Individual or Joint/Group Filing (Check Applicable Line) 
X	Form filed by One Reporting Person	
	Form filed by More than One Reporting Person	
	
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		
Class A Common Stock(2) 	1,956.3495	D		
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: Direct (D) or Indirect (I) (Instr. 5) 	6. Nature of Indirect Beneficial Ownership (Instr. 5) 	
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares				
Deffered Compensation Units(3) 	(3) 	(3) 	Class A Common Stock	2,899.3329	(3)	D		
Class A Common Stock(4) 	11/18/2005	11/18/2014	Option to Buy	3,000	28.8425	D		
Class A Common Stock(5) 	11/30/2006	11/30/2015	Option to Buy	5,000	37.83	D		
Class A Common Stock(6) 	11/30/2007	11/30/2016	Option to Buy	5,000	38.19	D		
Class A Common Stock(7) 	12/04/2008	12/04/2017	Option to Buy	5,000	38.31	D		
Class A Common Stock(8) 	07/22/2013	07/22/2018	Option to Buy	20,000	36.07	D		
Class A Common Stock(9) 	12/04/2009	12/04/2018	Option to Buy	5,000	20.95	D		
Class A Common Stock(10) 	09/25/2010	09/25/2019	Option to Buy	7,000	28.73	D		
Explanation of Responses:	
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.	
Remarks:	
	
	Krista Ebbens, as Attorney-in-fact	01/08/2010	
	** Signature of Reporting Person	Date	
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.	
* 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).	
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.	
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.	
POWER OF ATTORNEY
For Executing Forms 3, 4 and 5
Know all by these presents, that the undersigned hereby constitutes and
appoints each of Krista Ebbens and Thomas Felmer, signing
singly, the undersigned's true and lawful attorney-in-fact to:
(1)     execute for and on behalf of the undersigned in the undersigned's
capacity as an officer and/or director of Brady Corporation (the
"Company"), Forms 3, 4 and 5 in accordance with Section 16(a) of
the Securities Exchange Act of 1934 and the rules thereunder:
(2)     do and perform any and all acts for and on behalf of the
undersigned which may be necessary or desirable to complete and
execute any such Form 3, 4 or 5, complete and execute any
amendment or amendments thereto, and timely file such form with
the United States Securities and Exchange Commission and any
stock exchange or similar authority; and
(3)     take any other action of any type whatsoever in connection with
the foregoing which, in the opinion of such attorney-in-fact, may
be of benefit to, in the best interest of, or legally required
by, the undersigned, it being understood that the documents
executed by such attorney-in-fact on behalf of the undersigned
pursuant to this Power of Attorney shall be in such form and
shall contain such terms and conditions as such attorney-in-fact
may approve in such attorney-in-fact's discretion.
The undersigned hereby grants to each such attorney-in-fact full power
and authority to do and perform any and every act and thing whatsoever
requisite, necessary and proper to be done in the exercise of any of the
rights and powers herein granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this power of attorney and the
rights and powers herein granted.  The undersigned acknowledges that the
foregoing attorneys-in-fact, in serving in such capacity at the request of
the undersigned, are not assuming, nor is the Company assuming, any of the
undersigned's responsibilities to comply with Section 16 of the Securities
Exchange Act of 1934.
This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, and 5 with respect to
the undersigned's holdings of and transactions in securities issued by the
Company, unless earlier revoked by the undersigned in a signed writing
delivered to the foregoing attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney
to be executed as of this 1st day of January, 2010.
                                                                /s/ Aaron J. Pearce

        Signature
                                                                Aaron J. Pearce
        Print Name

QBMKE\180003.40001\5427293.2
- - 2 -

QBMKE\180003.40001\5427293.2