David M. Lowe - 15 Feb 2022 Form 4 Insider Report for GRACO INC (GGG)

Reporting relationship: CFO and Treasurer
Issuer ticker: GGG
Reported as of: 15 Feb 2022
Net transaction value: -$1,052,649
SEC form: 4
Accepted by SEC: 16 Feb 2022, 13:32:06 UTC
Next SEC filing: 18 Feb 2022
Source filing: View source filing
Reporting owner signature: /s/ Francis J. Brixius Jr., attorney-in-fact for Mr. Lowe

Filing notes and source

Key filing fact

David M. Lowe filed Form 4 for GRACO INC (GGG) on 16 Feb 2022.

Key facts

This page summarizes David M. Lowe's Form 4 filing for GRACO INC (GGG).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 16 Feb 2022, 13:32.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: -$1,052,649.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GGG transaction

Common Stock

Options Exercise

Transaction value: $927,022
Shares: +55,800
Change %: +10%
Price: $16.61^*
Shares after: 606,546
Date: 15 Feb 2022
Ownership: Direct

GGG transaction

Common Stock

Sale

Transaction value: -$1,979,671
Shares: -28,001
Change %: -4.6%
Price: $70.70
Shares after: 578,545
Date: 15 Feb 2022
Ownership: Direct
Footnotes: F1

GGG holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,402
Date: 15 Feb 2022
Ownership: By ESOP
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GGG transaction Derivative

Non-qualified Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -55,800
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 55,800
Exercise price: $16.61
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Included in the amount reported are shares acquiared under Graco Employee Stock Purchase Plan, exempt under Rule 16b-3.

Footnote F2

The number of ESOP shares include ESOP shares acquired in unreported dividend reinvestment transactions, exempt under Rule 16b-3.

Footnote F3

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.