GRACO INC — Director's Dealing 2006

Nov 9, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRACO INC (GGG)
CIK: 0000042888
Period of Report: 2006-11-08

Reporting Person: GRANER JAMES A (CFO and TREASURER)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-08	Common Stock	G	320	—	Disposed	68997	Direct
2006-11-08	Common Stock	G	60	—	Disposed	68937	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2870.9626	Indirect

Footnotes

F1: Bona fide gift