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UNITED STATES
\nSECURITIES AND EXCHANGE COMMISSION\n

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Washington, D.C. 20549\n

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FORM 8-K\n

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CURRENT REPORT
\nPursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934\n

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Date of Report (Date of earliest event reported): January 8, 2008

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BRADY CORPORATION\n

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(Exact name of registrant as specified in its charter)

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Commission File Number 1-14959

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Wisconsin\n		39-0971239
(State of Incorporation)\n		(IRS Employer Identification No.)

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6555 West Good Hope Road
\nMilwaukee, Wisconsin 53223
\n(Address of Principal Executive Offices and Zip Code)

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(414) 358-6600
\n(Registrant’s Telephone Number)

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the\nfiling obligation of the registrant under any of the following provisions:\n

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o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)\n

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o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)\n

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o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))\n

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o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))\n

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Item 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN\nOFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

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Appointment of Chief Financial Officer\n

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On\nJanuary 9, 2008, Brady Corporation (the “Company”) issued a press release announcing that\nThomas J. Felmer has been appointed Senior Vice President and Chief Financial Officer of the\nCompany, effective as of January 9, 2008. Mr. Felmer, age 46, joined the Company in 1989 and has\nserved as president of the Company’s Direct Marketing Americas / People ID businesses since 2004.\nMr. Felmer has no family relationship with any director or executive officer of the Company, nor is\nhe a party to any related party transactions with the Company. Pursuant to the Company’s Bylaws,\nMr. Felmer will serve in these executive positions at the discretion of the Company’s Board of\nDirectors. Mr. Felmer is a party to a 2004 change of control agreement with the Company, the terms\nof which are described in the Company’s Form 10-K for the year ended July 31, 2007 and the form of\nwhich is attached as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed November 24,\n2004.\n

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A copy of the press release announcing Mr. Felmer’s appointment is attached hereto as Exhibit\n99.1 and is incorporated herein by reference.\n

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Restricted Stock Awards\n

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On\nJanuary 8, 2008, the Company granted equity awards in the form of restricted stock of the\nCompany to certain of its executive officers, including but not limited to those named below. All\ngrants of restricted stock were made under the Company’s 2006 Omnibus Incentive Stock Plan and were\napproved by the Compensation Committee of the Company’s Board of Directors. The restricted stock\nwill vest on January 15, 2013, provided the executive remains continuously employed by the Company\nthrough that date and subject to the satisfaction of certain performance criteria. The foregoing\ndescription is qualified in its entirety by the full text of the form of restricted stock agreement\npursuant to which the restricted stock awards were made, a copy of which is attached hereto as\nExhibit 10.1 and is incorporated herein by reference.\n

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		Shares of
Name of Executive Officer	Title	Restricted Stock
Frank M. Jaehnert	President and Chief Executive Officer		50,000
Thomas J. Felmer	Senior Vice President and Chief Financial Officer		35,000
Peter C. Sephton	President - Brady Europe		35,000
Matthew O. Williamson	President - Brady Americas		35,000

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Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS.\n

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(d) Exhibits.\n

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The following are filed as Exhibits to this Report.\n

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Exhibit No.		Description of Exhibit

10.1\n		Form of Restricted Stock Agreement

99.1\n		Press release of Brady Corporation dated January 9, 2008.

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Exhibit 10.1\n

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BRADY CORPORATION\n

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PERFORMANCE-BASED\n\n

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RESTRICTED STOCK AGREEMENT\n\n

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(January 8, 2008)\n\n

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Brady Corporation (the “Corporation”), a Wisconsin corporation, hereby grants to\n \n (the “Employee”) a Restricted Stock Award (the “Award”) with respect to\n \n\nshares (the “Shares”) of Class A Common Stock, $.01 par value, of the Corporation (the\n“Common Stock”), all in accordance with and subject to the following terms and conditions:\n

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1. Plan; Defined Terms. This Award is made pursuant to the Brady Corporation 2006\nOmnibus Incentive Stock Plan (the “Plan”). In the event of any conflict between any provisions of\nthis Award and the provisions of the Plan, the provisions of the Plan shall control. Terms defined\nin the Plan where used herein shall have the meanings as so defined. Employee acknowledges receipt\nof a copy of the Plan.\n

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2. Vesting Requirements. The vesting of this Award (other than pursuant to accelerated\nvesting in certain circumstances as provided in Section 3 below) shall be subject to the\nsatisfaction of the conditions set forth in both Section 2(a) and Section 2(b) below:\n

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(a) Performance Vesting Requirement (Earnings per Share Improvement). The performance\nvesting requirement under this Section 2(a) shall be satisfied only if the Earnings Per Share for\nany one of the Corporation’s fiscal years ending July 31, 2009, July 31, 2010, July 31, 2011 or\nJuly 31, 2012 are at least 10% greater than the Earnings Per Share for the Corporation’s fiscal\nyear ending July 31, 2008. For purposes of this Agreement, “Earnings per Share” shall mean the\nbasic earnings per share of the Corporation’s Class A Common Stock calculated in accordance with\nthe standards of the Public Company Accounting Oversight Board as in effect for the fiscal year\nended July 31, 2008. If the performance vesting requirement is not satisfied for any of the four\ndesignated fiscal years, the Award shall be immediately forfeited.\n

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(b) Service Vesting Requirement. In addition to the performance vesting requirement of\nSection 2(a) above, the Award shall become vested only if the Employee remains continuously\nemployed by the Corporation (or an Affiliate) from the date hereof until January 15, 2013. If this\nservice vesting requirement is not satisfied, this Award shall be immediately forfeited.\n

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The period of time during which the Shares covered by this Award are forfeitable is referred\nto as the “Restricted Period.”\n

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3. Accelerated Vesting.\n

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(a) Notwithstanding the terms and conditions of Section 2 hereof, in the event of the\ntermination of the Employee’s employment with the Corporation (and any Affiliate) prior to the end\nof the Restricted Period due to death or disability, the Shares shall become unrestricted and fully\nvested. For purposes of this Agreement, “Disability” means that the Employee is disabled as a\nresult of sickness or injury, such that he is unable to satisfactorily perform the material duties\nof his or her job, as determined by the Committee, on the basis of medical evidence satisfactory to\nit.\n

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(b) In the event of the termination of the Employee’s employment with the Corporation (and any\nAffiliate) prior to the end of the Restricted Period due to a Change in Control, the Shares shall\nbecome unrestricted and fully vested.\n

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For purposes of this Agreement, a “Change of Control” shall occur if any person or group of\npersons (as defined in Section 13(d)(3) of the Securities and Exchange Act of 1934) other than the\nmembers of the family of William H. Brady, Jr. and their descendants, or trusts for their benefit,\ncollectively, directly or indirectly controls in excess of 50% of the voting common stock of the\nCorporation.\n

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For purposes of this Agreement, a termination due to Change of Control shall occur if within\nthe 12 month period beginning with the date a Change of Control occurs (i) the Employee’s\nemployment with the Corporation (and any Affiliate) is involuntarily terminated (other than by\nreason of death, disability or Cause) or (ii) the Employee’s employment with the Corporation (and\nany Affiliate) is voluntarily terminated by the Employee subsequent to (A) a 10% or more diminution\nin the total of the Employee’s annual base salary (exclusive of fringe benefits) and the Employee’s\ntarget bonus in comparison with the Employee’s total of annual base salary and target bonus\nimmediately prior to the date the Change of Control occurs, (B) a significant diminution in the\nresponsibilities or authority of the Employee in comparison with the Employee’s responsibility and\nauthority immediately prior to the date the Change of Control occurs or (C) the imposition of a\nrequirement by the Corporation that the Employee relocate to a principal work location more than 50\nmiles from the Employee’s principal work location immediately prior to the date the Change of\nControl occurs.\n

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For purposes of this Agreement, Cause means (i) the Employee’s willful and continued failure\nto substantially perform the Employee’s duties with the Corporation (other than any such failure\nresulting from physical or mental incapacity) after written demand for performance is given to the\nEmployee by the Corporation which specifically identifies the manner in which the Corporation\nbelieves the Employee has not substantially performed and a reasonable time to cure has transpired,\n(ii) the Employee’s conviction of or plea of nolo contendere for the commission of a felony, or\n(iii) the Employee’s commission of an act of dishonesty or of any willful act of misconduct which\nresults in or could reasonably be expected to result in significant injury (monetarily or\notherwise) to the Corporation, as determined in good faith by the Committee.\n

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(c) In the event of (i) the merger or consolidation of the Corporation with or into another\ncorporation or corporations in which the Corporation is not the surviving\n

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corporation, (ii) the adoption of any plan for the dissolution of the Corporation, or (iii)\nthe sale or exchange of all or substantially all the assets of the Corporation for cash or for\nshares of stock or other securities of another corporation, all restrictions imposed on any\nthen-restricted Shares shall terminate (such that any Shares shall become fully transferable)\nimmediately prior to any such event in which the Corporation is not the surviving corporation.\n

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(d) If the lapsing of the restrictions would result in any excise tax to the Employee as a\nresult of Section 280G of the Code, the Corporation shall pay the Employee an amount equal to such\nexcise tax.\n

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4. Dividend Rights. The Employee shall have the right to receive any cash dividends\notherwise payable with respect to the Shares, as paid, and the Employee shall have all other rights\nas holder of such Shares, provided, however, the Corporation shall retain custody of all stock\ncertificates representing shares as to which such restriction has not lapsed.\n

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5. No Guarantee of Employment. Nothing contained in this Agreement shall give the\nEmployee the right to be retained in the employment of the Corporation or affect the right of the\nCorporation to dismiss the Employee.\n

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6. Transfer Restrictions. This Award and the Shares (until they become unrestricted\npursuant to the terms hereof) are non-transferable and may not be assigned, pledged or hypothecated\nand shall not be subject to execution, attachment or similar process. Upon any attempt to effect\nany such disposition, or upon the levy of any such process, the Award shall immediately become null\nand void and the Shares shall be forfeited.\n

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7. Withholding Taxes. The Corporation may require payment of or withhold any tax\nwhich it believes is payable as a result of the Shares becoming unrestricted and fully vested, and\nthe Corporation may defer making delivery with respect to Shares until arrangements satisfactory to\nthe Corporation have been made with regard to any such withholding obligations. In lieu of part or\nall of any such payment, the Employee, in satisfaction of all withholding taxes (including, without\nlimitation, Federal income, FICA (Social Security and Medicare) and any state and local income\ntaxes) payable as a result of such vesting, may elect, subject to such rules and regulations as the\nCommittee may adopt from time to time, to have the Corporation withhold that number of Shares\n(valued at Fair Market Value on the date of vesting and rounded upward) required to settle such\nwithholding taxes.\n

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8. Death of Employee. If any of the Shares shall vest upon the death of the Employee,\nthey shall be registered in the name of the estate of the Employee unless the Corporation shall\nhave theretofore received in writing a beneficiary designation, in which event they shall be\nregistered in the name of the designated beneficiary.\n

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9. Adjustment of Shares. The terms and provisions of this Award (including, without\nlimitation, the terms and provisions relating to the number and class of shares subject to this\nAward) shall be subject to appropriate adjustment in the event of any recapitalization, merger,\nconsolidation, disposition of property or stock, separation, reorganization, stock dividend,\nissuance of rights, combination or split-up or exchange of shares, or the like.\n

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10. Wisconsin Contract. This Award has been granted in Wisconsin and shall be construed\nunder the laws of that state.\n

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Exhibit 99.1\n

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For\nmore information::

Investor contact — Barbara Bolens (414) 438-6940
\nMedia contact — Carole Herbstreit (414) 438-6882\n\n

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Brady Corporation names Thomas J. Felmer Chief Financial Officer\n

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MILWAUKEE (January 9, 2008)—Brady Corporation (NYSE:BRC), a world leader in identification\nsolutions, announced today that Thomas J. Felmer has been named senior vice president and chief\nfinancial officer. Felmer succeeds David Mathieson, who resigned from Brady last month to join RSC\nHoldings, Inc. of Scottsdale, Arizona.\n

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Felmer, 46, joined Brady in 1989 and has served as president of Brady’s Direct Marketing\nAmericas / People ID businesses since 2004. He has also held a series of leadership positions in\nthe U.S. and Europe including international group vice president, general manager and head of\nglobal sales/marketing processes. He holds a degree in business administration from the University\nof Wisconsin – Green Bay and has completed the Advanced Management Program at INSEAD, Fontainbleau,\nFrance.\n

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“Tom Felmer understands the complexity of Brady’s global businesses and the opportunities to\nmove the company to the next level. In his years at Brady, he has consistently driven positive\nresults and demonstrated both strong strategic thinking and a focused mindset for creating\nshareholder value. He will be a valued strategic partner in not only leading our finance function,\nbut also in working with our management team to further chart the course for Brady’s future,” said\nFrank M. Jaehnert, Brady president and chief executive officer.\n

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“I’m excited to have the opportunity to help create shareholder value across all of Brady’s\nbusinesses and to help shape our strategies to achieve our ambitious goals going forward. I also\nlook forward to working with Brady’s strong finance team to continue our commitment to financial\nexcellence and fiscal conservatism,” said Felmer.\n

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Brady Corporation is an international manufacturer and marketer of complete solutions that\nidentify and protect premises, products and people. Its products help customers increase safety,\nsecurity, productivity and performance and include high-performance labels and signs, safety\ndevices, printing systems and software, and precision die-cut materials. Founded in 1914, the\ncompany has more than 500,000 customers in electronics, telecommunications, manufacturing,\nelectrical, construction, education, medical and a variety of other industries. Brady is\nheadquartered in Milwaukee and employs more than 8,600 people at operations in the Americas, Europe\nand Asia/Pacific. Brady’s fiscal 2007 sales were approximately $1.363 billion. More information is\navailable on the Internet at www.bradycorp.com.\n

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	BRADY CORPORATION \n
Date: January 9, 2008	/s/ Frank M. Jaehnert\n
	Frank M. Jaehnert
	President and Chief Executive Officer


	BRADY CORPORATION \n
	By:	/s/ Frank Jaehnert\n
		Frank Jaehnert, President

	Attest:	/s/ Hoyt R. Stastney\n
		Hoyt R. Stastney, Secretary