Lee R. Mitau - 01 Apr 2024 Form 4 Insider Report for GRACO INC (GGG)

Role
Director
Signature
/s/ Joseph J. Humke, attorney-in-fact for Mr. Mitau
Issuer symbol
GGG
Transactions as of
01 Apr 2024
Net transactions value
+$28,430
Form type
4
Filing time
01 Apr 2024, 09:10:52 UTC
Previous filing
04 Mar 2024
Next filing
03 Jun 2024
SEC
View on sec.gov

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 Deferred Stock Shares Award $28,430 +304 +0.16% $93.46 192,900 01 Apr 2024 Common Stock 304 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The deferred stock shares were accrued under the Graco Inc. 2019 Stock Incentive Plan and are to be settled 100% in Graco common stock in a lump sum or installments upon reporting person's termination of service on the Board.
F2 Shares of Graco Inc. deferred stock received in lieu of quarterly retainer fees.
F3 The number of deferred stock shares includes deferred stock shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11.