Anthony J. Gargano - 09 Feb 2024 Form 4 Insider Report for GRACO INC (GGG)

Signature
/s/ Joseph J. Humke on behalf of Mr. Gargano
Issuer symbol
GGG
Transactions as of
09 Feb 2024
Net transactions value
-$88,173
Form type
4
Filing time
09 Feb 2024, 14:49:28 UTC
Previous filing
21 Feb 2023
Next filing
20 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GGG Common Stock Options Exercise $34,587 +1,395 +24% $24.79 7,092 09 Feb 2024 Direct F1
transaction GGG Common Stock Sale $122,760 -1,395 -20% $88.00 5,697 09 Feb 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 -1,395 -100% $0.000000* 0 09 Feb 2024 Common Stock 1,395 $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.