DAVID M. LOWE - 09 Feb 2023 Form 4 Insider Report for GRACO INC (GGG)

Role
CFO and Treasurer
Signature
/s/ Francis J. Brixius Jr., attorney-in-fact for Mr. Lowe
Issuer symbol
GGG
Transactions as of
09 Feb 2023
Transactions value $
-$1,126,932
Form type
4
Filing time
10 Feb 2023, 10:55:22 UTC
Previous filing
18 Feb 2022
Next filing
21 Feb 2023
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 $1.06M +54K +9.33% $19.58 633K 09 Feb 2023 Direct
transaction GGG Common Stock Sale -$2.18M -31.1K -4.92% $70.17 602K 09 Feb 2023 Direct F1
holding GGG Common Stock 1.42K 09 Feb 2023 By ESOP 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 -54K -100% $0.00* 0 09 Feb 2023 Common Stock 54K $19.58 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Included in the amount reported are shares acquiared under Graco Employee Stock Purchase Plan, exempt under Rule 16b-3.
F2 The number of ESOP shares include ESOP shares acquired in unreported dividend reinvestment transactions, exempt under Rule 16b-3.
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.