GRACO INC — Director's Dealing 2005

Dec 5, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRACO INC (GGG)
CIK: 0000042888
Period of Report: 2005-09-30

Reporting Person: GRANER JAMES A (VICE PRESIDENT AND CONTROLLER)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-11-29	Common Stock	G	350	—	Disposed	68731	Direct
2005-11-29	Common Stock	G	65	—	Disposed	68666	Direct
2005-09-30	Common Stock	J	9.51	$34.28	Acquired	2836.7398	Indirect

Footnotes

F1: Bona fide gift

F2: ESOP - Dividends paid pursuant to the Graco Employee Stock Ownership Plan, exempt under Rule 16b-3(c).