Eric Etchart - 02 Feb 2024 Form 4 Insider Report for GRACO INC (GGG)

Reporting relationship: Director
Issuer ticker: GGG
Reported as of: 02 Feb 2024
Net transaction value: -$631,843
SEC form: 4
Accepted by SEC: 06 Feb 2024, 09:26:20 UTC
Prior SEC filing: 02 Jan 2024
Next SEC filing: 20 Feb 2024
Source filing: View source filing
Reporting owner signature: /s/ Joseph J. Humke, attorney-in-fact for Mr. Etchart

Key filing fact

Eric Etchart filed Form 4 for GRACO INC (GGG) on 06 Feb 2024.

Key facts

This page summarizes Eric Etchart's Form 4 filing for GRACO INC (GGG).
8 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 06 Feb 2024, 09:26.

Change

Previous filing in this sequence was filed on 02 Jan 2024.
Current net transaction value: -$631,843.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GGG transaction

Common Stock

Options Exercise

Transaction value: $46,913
Shares: +1,938
Change %: +5.1%
Price: $24.21
Shares after: 39,960
Date: 02 Feb 2024
Ownership: Direct
Footnotes: F1

GGG transaction

Common Stock

Sale

Transaction value: $166,823
Shares: -1,938
Change %: -4.8%
Price: $86.08
Shares after: 38,022
Date: 02 Feb 2024
Ownership: Direct

GGG transaction

Common Stock

Options Exercise

Transaction value: $296,502
Shares: +12,320
Change %: +32%
Price: $24.07
Shares after: 50,342
Date: 02 Feb 2024
Ownership: Direct

GGG transaction

Common Stock

Sale

Transaction value: $714,296
Shares: -8,320
Change %: -17%
Price: $85.85
Shares after: 42,022
Date: 02 Feb 2024
Ownership: Direct
Footnotes: F2

GGG transaction

Common Stock

Sale

Transaction value: $93,537
Shares: -1,113
Change %: -2.6%
Price: $84.04
Shares after: 40,909
Date: 02 Feb 2024
Ownership: Direct

GGG transaction

Common Stock

Sale

Transaction value: $601
Shares: -7
Change %: -0.02%
Price: $85.90
Shares after: 40,902
Date: 02 Feb 2024
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GGG transaction Derivative

Non-qualified Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -1,938
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 02 Feb 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,938
Exercise price: $24.21
Footnotes: F3

GGG transaction Derivative

Non-qualified Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -12,320
Change %: -75%
Price: $0.000000
Shares after: 4,000
Date: 02 Feb 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,320
Exercise price: $24.07
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote F2

The price reported in column 4 is a weighted average price. The shares were sold at prices ranging from $85.63 to $86.23, inclusive. The reporting person undertakes to provide Graco Inc., and security holder of Graco Inc. or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares sold at each separate price within the range set forth in the footnote.

Footnote F3

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.

Footnote F4

Nonemployee director stock option granted pursuant to the Graco Inc. 2015 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.