Jody H. Feragen - Jan 1, 2022 Form 4 Insider Report for GRACO INC (GGG)

Role
Director
Signature
/s/ Francis J. Brixius Jr., attorney-in-fact for Ms. Feragen
Stock symbol
GGG
Transactions as of
Jan 1, 2022
Transactions value $
$27,375
Form type
4
Date filed
1/4/2022, 10:21 AM
Previous filing
Oct 1, 2021
Next filing
Feb 18, 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 Deferred Stock Shares Award $27.4K +340 +5.16% $80.62 6.93K Jan 1, 2022 Common Stock 340 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The deferred stock shares were accrued under the Graco Inc. 2019 Stock Incentive Plan and are to be settled 100% in Graco common stock in a lump sum or installments upon reporting person's termination of service on the Board.
F2 Shares of Graco Inc. deferred stock received in lieu of quarterly retainer fees.
F3 The number of deferred stock shares includes deferred stock shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11.