Anthony J. Gargano - Jul 21, 2021 Form 3 Insider Report for GRACO INC (GGG)

Role
President, Asia Pacific
Signature
/s/ Francis J. Brixius Jr. on behalf of Mr. Gargano
Stock symbol
GGG
Transactions as of
Jul 21, 2021
Transactions value $
$0
Form type
3
Date filed
7/30/2021, 05:47 PM
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GGG Common Stock 4.86K Jul 21, 2021 Direct

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
holding GGG Non-qualified Stock Option (Right to Buy) Jul 21, 2021 Common Stock 1.4K $24.79 Direct F1
holding GGG Non-qualified Stock Option (Right to Buy) Jul 21, 2021 Common Stock 3.59K $23.85 Direct F2
holding GGG Non-qualified Stock Option (Right to Buy) Jul 21, 2021 Common Stock 2.82K $30.35 Direct F2
holding GGG Non-qualified Stock Option (Right to Buy) Jul 21, 2021 Common Stock 1.76K $43.90 Direct F2
holding GGG Non-qualified Stock Option (Right to Buy) Jul 21, 2021 Common Stock 1.84K $45.56 Direct F2
holding GGG Non-qualified Stock Option (Right to Buy) Jul 21, 2021 Common Stock 1.81K $56.35 Direct F3
holding GGG Non-qualified Stock Option (Right to Buy) Jul 21, 2021 Common Stock 1.27K $71.92 Direct F3
holding GGG Restricted Stock Units Jul 21, 2021 Common Stock 10K Direct F4, F5
* 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. 2010 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.
F2 Employee stock option granted pursuant to the Graco Inc. 2015 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.
F3 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.
F4 Represents a grant of restricted stock units ("RSUs") under the Graco Inc. 2019 Stock Incentive Plan in a transaction exempt under Rule 16b-3. 100% of the total number of RSUs will vest on January 1, 2026, subject to Mr. Gargano's continued employment through that date.
F5 Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of Graco common stock.