Eric Etchart - Jun 14, 2022 Form 4 Insider Report for GRACO INC (GGG)

Role
Director
Signature
/s/ Francis J. Brixius Jr., attorney-in-fact for Mr. Etchart
Stock symbol
GGG
Transactions as of
Jun 14, 2022
Transactions value $
-$232,820
Form type
4
Date filed
6/15/2022, 10:00 AM
Previous filing
May 11, 2022
Next filing
Jul 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GGG Common Stock Options Exercise $119K +6K +19.11% $19.84 37.4K Jun 14, 2022 Direct
transaction GGG Common Stock Sale -$352K -6K -16.04% $58.64 31.4K Jun 14, 2022 Direct F1, F2

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) Options Exercise $0 -6K -33.33% $0.00 12K Jun 14, 2022 Common Stock 6K $19.84 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sale pursuant to a 10b5-1 trading plan dated June 13, 2022.
F2 The amount of securities owned includes shares of Graco Common Stock acquired under the Graco Inc. Automatic Dividend Reinvestment Plan, exempt under Rule 16a-11.
F3 Nonemployee director stock option granted pursuant to the Graco Inc. 2010 Stock Incentive Plan in a 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.