Anthony J. Gargano - Feb 9, 2024 Form 4 Insider Report for GRACO INC (GGG)

Role
President, Asia Pacific
Signature
/s/ Joseph J. Humke on behalf of Mr. Gargano
Stock symbol
GGG
Transactions as of
Feb 9, 2024
Transactions value $
-$88,173
Form type
4
Date filed
2/9/2024, 02:49 PM
Previous filing
Feb 21, 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 $34.6K +1.4K +24.48% $24.79 7.09K Feb 9, 2024 Direct F1
transaction GGG Common Stock Sale -$123K -1.4K -19.67% $88.00 5.7K Feb 9, 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
transaction GGG Non-qualified Stock Option (Right to Buy) Options Exercise $0 -1.4K -100% $0.00* 0 Feb 9, 2024 Common Stock 1.4K $24.79 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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, and shares acquired under the Graco Inc. 2006 Employee Stock Purchase Plan, exempt under Rule 16b-3.
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.