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

Role
Director
Signature
/s/ Francis J. Brixius Jr., attorney-in-fact for Mr. Etchart
Issuer symbol
GGG
Transactions as of
14 Jun 2022
Net transactions value
-$232,820
Form type
4
Filing time
15 Jun 2022, 10:00:08 UTC
Previous filing
11 May 2022
Next filing
01 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GGG Common Stock Options Exercise $119,020 +6,000 +19% $19.84 37,403 14 Jun 2022 Direct
transaction GGG Common Stock Sale $351,840 -6,000 -16% $58.64 31,403 14 Jun 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 -6,000 -33% $0.000000 12,000 14 Jun 2022 Common Stock 6,000 $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.