Eric Etchart - 01 Jun 2023 Form 4 Insider Report for GRACO INC (GGG)

Role: Director
Signature: /s/ Shannon E. Quirk, attorney-in-fact for Mr. Etchart
Issuer symbol: GGG
Transactions as of: 01 Jun 2023
Net transactions value: +$72,620
Form type: 4
Filing time: 02 Jun 2023, 14:10:03 UTC
Previous filing: 15 May 2023
Next filing: 05 Jul 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	$72,620	+3,000	+9.4%	$24.21	34,797	01 Jun 2023	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	-3,000	-22%	$0.000000	10,938	01 Jun 2023	Common Stock	3,000	$24.21	Direct	F2

* 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 of Graco Common Stock acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11.
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.