GRACO INC — Director's Dealing 2005

Oct 27, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRACO INC (GGG)
CIK: 0000042888
Period of Report: 2005-03-01

Reporting Person: MCHALE PATRICK J (VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-03-01	Common Stock	J	859	$24.74	Acquired	14188	Direct
2005-10-27	Common Stock	P	2500	$31.9	Acquired	16688	Direct
2005-03-31	Common Stock	J	2.8371	$40.36	Acquired	1501.4794	Indirect
2005-06-30	Common Stock	J	10.5409	$31.05	Acquired	1512.0203	Indirect
2005-09-30	Common Stock	J	5.0856	$34.28	Acquired	1517.1059	Indirect

Footnotes

F1: Shares acquired under Graco Employee Stock Purchase Plan, exempt under Rule 16b-3.

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