MARK W. SHEAHAN - 16 Feb 2024 Form 4 Insider Report for GRACO INC (GGG)

Signature
/s/ Joseph J. Humke, attorney-in-fact for Mr. Sheahan
Issuer symbol
GGG
Transactions as of
16 Feb 2024
Net transactions value
$0
Form type
4
Filing time
20 Feb 2024, 07:41:32 UTC
Previous filing
08 Jan 2024
Next filing
16 May 2024

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) Award $0 +189,910 $0.000000 189,910 16 Feb 2024 Common Stock 189,910 $88.64 Direct F1
* 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. 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.