David J. Thompson - 01 Jan 2024 Form 3 Insider Report for GRACO INC (GGG)

Role: President, Worldwide CED
Signature: /s/ Joseph J. Humke , attorney-in-fact for Mr. Thompson
Issuer symbol: GGG
Transactions as of: 01 Jan 2024
Net transactions value: $0
Form type: 3
Filing time: 02 Jan 2024, 13:18:38 UTC
Next filing: 20 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	GGG	Common Stock						26,885	01 Jan 2024	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
holding	GGG	Non-qualified Stock Option (Right to Buy)							01 Jan 2024	Common Stock	3,216	$24.79	Direct	F1
holding	GGG	Non-qualified Stock Option (Right to Buy)							01 Jan 2024	Common Stock	3,588	$23.85	Direct	F2
holding	GGG	Non-qualified Stock Option (Right to Buy)							01 Jan 2024	Common Stock	2,820	$30.35	Direct	F2
holding	GGG	Non-qualified Stock Option (Right to Buy)							01 Jan 2024	Common Stock	1,759	$43.90	Direct	F2
holding	GGG	Non-qualified Stock Option (Right to Buy)							01 Jan 2024	Common Stock	1,844	$45.56	Direct	F2
holding	GGG	Non-qualified Stock Option (Right to Buy)							01 Jan 2024	Common Stock	1,805	$56.35	Direct	F3
holding	GGG	Non-qualified Stock Option (Right to Buy)							01 Jan 2024	Common Stock	1,274	$71.92	Direct	F3
holding	GGG	Non-qualified Stock Option (Right to Buy)							01 Jan 2024	Common Stock	1,377	$71.73	Direct	F3
holding	GGG	Non-qualified Stock Option (Right to Buy)							01 Jan 2024	Common Stock	1,551	$71.47	Direct	F3
holding	GGG	Non-qualified Stock Option (Right to Buy)							01 Jan 2024	Common Stock	97	$71.08	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	Employee stock option granted pursuant to the Graco Inc. 2015 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.
F3	Employee stock option granted pursuant to the Graco Inc. 2019 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.
F4	Employee stock option granted pursuant to the Graco Inc. 2019 Stock Incentive Plan in transaction exempt under Rule 16b-3. The stock option becomes exercisable in its entirety three years after the date of the grant.