Eric Etchart - 29 Jul 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: 29 Jul 2022
Net transactions value: -$284,180
Form type: 4
Filing time: 01 Aug 2022, 11:45:26 UTC
Previous filing: 01 Jul 2022
Next filing: 05 Aug 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	29 Jul 2022	Direct
transaction	GGG	Common Stock	Sale	$403,200	-6,000	-16%	$67.20	31,403	29 Jul 2022	Direct	F1

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	-50%	$0.000000	6,000	29 Jul 2022	Common Stock	6,000	$19.84	Direct	F2

* 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	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.