Jody H. Feragen - Mar 11, 2024 Form 4 Insider Report for GRACO INC (GGG)

Role
Director
Signature
/s/ Joseph J. Humke, attorney-in-fact for Ms. Feragen
Stock symbol
GGG
Transactions as of
Mar 11, 2024
Transactions value $
-$334
Form type
4
Date filed
3/11/2024, 05:19 PM
Previous filing
Feb 20, 2024
Next filing
Apr 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GGG Common Stock Options Exercise $464K +12.9K +34.72% $36.09 49.9K Mar 11, 2024 Direct F1
transaction GGG Common Stock Sale -$465K -5.04K -10.08% $92.29 44.9K Mar 11, 2024 Direct F2

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 -12.9K -100% $0.00* 0 Mar 11, 2024 Common Stock 12.9K $36.09 Direct F3
* 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 deferred stock acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11.
F2 The price reported in Column 4 is a weighted average price. The shares were sold at prices ranging from $92.15 to $92.29, inclusive. The reporting person undertakes to provide Graco Inc., any 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 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.