GRACO INC — Director's Dealing 2005

Sep 20, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRACO INC (GGG)
CIK: 0000042888
Period of Report: 2005-03-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-09-16	Common Stock	S	3000	$35.55	Disposed	69081	Direct
2005-03-31	Common Stock	J	5.3051	$40.36	Acquired	2807.5201	Indirect
2005-06-30	Common Stock	J	19.7097	$31.05	Acquired	2827.2298	Indirect

Footnotes

F1: ESOP - Dividends paid pursuant to the Graco Employee Stock Ownership Plan, exempt under Rule 16b-3(c).