Dale D. Johnson - Dec 31, 2024 Form 4 Insider Report for GRACO INC (GGG)

Signature
/s/ Joseph J. Humke, attorney-in-fact for Mr. Johnson
Stock symbol
GGG
Transactions as of
Dec 31, 2024
Transactions value $
-$1,030,371
Form type
4
Date filed
1/2/2025, 03:36 PM
Previous filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GGG Common Stock Options Exercise $0 +25K +15.66% $0.00 185K Dec 31, 2024 Direct
transaction GGG Common Stock Tax liability -$1.03M -12.3K -6.66% $83.77 172K Dec 31, 2024 Direct
holding GGG Common Stock 9.37K Dec 31, 2024 By ESOP

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 Restricted Stock Units Options Exercise $0 -25K -100% $0.00 0 Dec 31, 2024 Common Stock 25K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of Graco common stock.
F2 100% of the total number of RSUs vest on the third anniversary of Date of Grant, subject to the continuing employment of the Reporting Person on the vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.