Mark W. Sheahan - Jan 5, 2024 Form 4 Insider Report for GRACO INC (GGG)

Role
President and CEO, Director
Signature
/s/ Joseph J. Humke, attorney-in-fact for Mr. Sheahan
Stock symbol
GGG
Transactions as of
Jan 5, 2024
Transactions value $
$1,768,289
Form type
4
Date filed
1/8/2024, 12:45 PM
Previous filing
Aug 1, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GGG Common Stock Options Exercise $4.09M +43.1K +68.4% $94.93 106K Jan 5, 2024 Direct
transaction GGG Common Stock Sale -$1.07M -12.9K -12.15% $83.37 93.2K Jan 5, 2024 Direct
transaction GGG Common Stock Tax liability -$1.25M -15K -16.06% $83.37 78.2K Jan 5, 2024 Direct
holding GGG Common Stock 1.43K Jan 5, 2024 By ESOP F1
holding GGG Common Stock 2.89K Jan 5, 2024 By Spouse

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 -43.1K -100% $0.00* 0 Jan 5, 2024 Common Stock 43.1K $24.93 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 ESOP - The number of shares includes dividends paid pursuant to the Graco Employee Stock Ownership Plan, exempt under Rule 16b-3(c).
F2 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.