Peter J. O'Shea - Dec 3, 2024 Form 4 Insider Report for GRACO INC (GGG)

Signature
/s/ Joseph J. Humke, attorney-in-fact for Mr. O'Shea
Stock symbol
GGG
Transactions as of
Dec 3, 2024
Transactions value $
-$1,008,254
Form type
4
Date filed
12/3/2024, 08:19 PM
Previous filing
Nov 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GGG Common Stock Options Exercise $358K +15K +103.33% $23.85 29.5K Dec 3, 2024 Direct
transaction GGG Common Stock Sale -$1.37M -15K -50.82% $91.06 14.5K Dec 3, 2024 Direct F1

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 -15K -62.97% $0.00 8.82K Dec 3, 2024 Common Stock 15K $23.85 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price in Column 4 is a weighted average price. The shares were sold at prices ranging from $91.00 to 91.1389, 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.
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.