MARK W. SHEAHAN - 10 Jun 2021 Form 4 Insider Report for GRACO INC (GGG)

Signature
/s/ Francis J. Brixius Jr., attorney-in-fact for Mr. Sheahan
Issuer symbol
GGG
Transactions as of
10 Jun 2021
Net transactions value
$0
Form type
4
Filing time
10 Jun 2021, 12:42:29 UTC
Next filing
18 Feb 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GGG Non-qualified Stock Option (Right to Buy) Award $0 +137,490 $0.000000 137,490 10 Jun 2021 Common Stock 137,490 $73.70 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Employee stock option granted pursuant to the Graco Inc. 2019 Stock Incentive Plan in transaction exempt under Rule 16b-3. The stock option becomes exercisable in four equal annual installments, commencing one year after the date of the grant.