Gilligan J Kevin - Jul 1, 2023 Form 4 Insider Report for GRACO INC (GGG)

Role
Director
Signature
/s/ Shannon E. Quirk, attorney-in-fact for Mr. Gilligan
Stock symbol
GGG
Transactions as of
Jul 1, 2023
Transactions value $
$25,750
Form type
4
Date filed
7/5/2023, 12:28 PM
Previous filing
May 2, 2023
Next filing
Oct 2, 2023

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 Deferred Stock Shares Award $25.7K +298 +0.33% $86.35 90.9K Jul 1, 2023 Common Stock 298 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The deferred stock shares were accrued under the Graco Inc. 2019 Stock Incentive Plan and are to be settled 100% in Graco common stock in a lump sum or installments upon reporting person's termination of service on the Board.
F2 Shares of Graco Inc. deferred stock received in lieu of quarterly retainer fees.
F3 The number of deferred stock shares includes deferred stock shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11.