Jeffrey P. Johnson - May 18, 2023 Form 4 Insider Report for GRACO INC (GGG)

Role
President, Electric Motor Div
Signature
/s/ Shannon E. Quirk, attorney-in-fact for Mr. Johnson
Stock symbol
GGG
Transactions as of
May 18, 2023
Transactions value $
-$901,179
Form type
4
Date filed
5/22/2023, 03:02 PM
Previous filing
May 10, 2023
Next filing
May 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GGG Common Stock Options Exercise $161K +6.46K +20.96% $24.93 37.3K May 18, 2023 Direct
transaction GGG Common Stock Sale -$508K -6.46K -17.33% $78.52 30.8K May 18, 2023 Direct F1
transaction GGG Common Stock Options Exercise $257K +10.3K +33.45% $24.93 41.2K May 19, 2023 Direct
transaction GGG Common Stock Sale -$812K -10.3K -25.07% $78.72 30.8K May 19, 2023 Direct 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 -6.46K -20.18% $0.00 25.6K May 18, 2023 Common Stock 6.46K $24.93 Direct F3
transaction GGG Non-qualified Stock Option (Right to Buy) Options Exercise $0 -10.3K -40.34% $0.00 15.3K May 19, 2023 Common Stock 10.3K $24.93 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were sold at prices ranging from $78.50 to $78.59, inclusive. The reporting person undertakes to provide Graco Inc., any security holder of Graco Inc., or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
F2 The price reported in Column 4 is a weighted average price. The shares were sold at prices ranging from $78.50 to $79.08, inclusive. The reporting person undertakes to provide Graco Inc., any security holder of Graco Inc., or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares sold at each separate price within the range set forth in the 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.