Christian E. Rothe - Feb 28, 2024 Form 4 Insider Report for GRACO INC (GGG)

Role
President, Industrial Division
Signature
/s/ Joseph J. Humke, attorney-in-fact for Mr. Rothe
Stock symbol
GGG
Transactions as of
Feb 28, 2024
Transactions value $
-$1,664,785
Form type
4
Date filed
3/1/2024, 01:25 PM
Previous filing
Feb 27, 2024
Next filing
Aug 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GGG Common Stock Options Exercise $143K +5.99K +23.41% $23.85 31.6K Feb 28, 2024 Direct
transaction GGG Common Stock Sale -$539K -5.99K -18.97% $90.02 25.6K Feb 28, 2024 Direct F1
transaction GGG Common Stock Options Exercise $453K +19K +74.31% $23.85 44.6K Feb 29, 2024 Direct
transaction GGG Common Stock Sale -$812K -9.01K -20.21% $90.07 35.6K Feb 29, 2024 Direct F2
transaction GGG Common Stock Sale -$910K -10K -28.1% $91.02 25.6K Mar 29, 2024 Direct F3

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 -5.99K -9.3% $0.00 58.4K Feb 28, 2024 Common Stock 5.99K $23.85 Direct F4
transaction GGG Non-qualified Stock Option (Right to Buy) Options Exercise $0 -19K -32.56% $0.00 39.4K Feb 29, 2024 Common Stock 19K $23.85 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. The shares were sold at prices ranging from $90.00 to $90.06, 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.
F2 The price reported in column 4 is a weighted average price. The shares were sold at prices ranging from $90.00 to $90.41, 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.
F3 The price reported in column 4 is a weighted average price. The shares were sold at prices ranging from $91.00 to $91.07, 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.
F4 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.