Dale D. Johnson - 15 Mar 2024 Form 4 Insider Report for GRACO INC (GGG)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
15 Mar 2024, 17:13:47 UTC
Prior SEC filing
20 Feb 2024
Next SEC filing
02 Jan 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Joseph J. Humke, attorney-in-fact for Mr. Johnson

Key filing fact

Dale D. Johnson filed Form 4 for GRACO INC (GGG) on 15 Mar 2024.

Key facts

  • This page summarizes Dale D. Johnson's Form 4 filing for GRACO INC (GGG).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 15 Mar 2024, 17:13.

Change

  • Previous filing in this sequence was filed on 20 Feb 2024.
  • Current net transaction value: -$4,436,091.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GGG transaction

Common Stock

Options Exercise

Transaction value
$1,514,504
Shares
+63,510
Change %
+40%
Price
$23.85
Shares after
223,125
Date
15 Mar 2024
Ownership
Direct
GGG transaction

Common Stock

Sale

Transaction value
$5,950,595
Shares
-63,510
Change %
-28%
Price
$93.70
Shares after
159,615
Date
15 Mar 2024
Ownership
Direct
Footnotes
F1
GGG holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
9,254
Date
15 Mar 2024
Ownership
By ESOP
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GGG transaction Derivative

Non-qualified Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-63,510
Change %
-100%
Price
$0.000000*
Shares after
0
Date
15 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
63,510
Exercise price
$23.85
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.35 to $94.18, 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, full information regarding the number of shares sold at each separate price within the range set forth in the footnote.

Footnote F2

The number of ESOP shares reported includes dividends paid pursuant to the Graco Employee Stock Ownership Plan, exempt under Rule 16b-3(c).

Footnote F3

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.

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