Eric Etchart - Aug 1, 2023 Form 4 Insider Report for GRACO INC (GGG)

Role
Director
Signature
/s/ Shannon E. Quirk, attorney-in-fact for Mr. Etchart
Stock symbol
GGG
Transactions as of
Aug 1, 2023
Transactions value $
$72,620
Form type
4
Date filed
8/1/2023, 02:21 PM
Previous filing
Jul 5, 2023
Next filing
Sep 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GGG Common Stock Options Exercise $72.6K +3K +8.62% $24.21 37.8K Aug 1, 2023 Direct

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 -3K -27.43% $0.00 7.94K Aug 1, 2023 Common Stock 3K $24.21 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.