GRACO INC — Director's Dealing 2007

Apr 5, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRACO INC (GGG)
CIK: 0000042888
Period of Report: 2007-04-03

Reporting Person: ROBERTS DAVID A (Chairman, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-03	Common Stock	G	590	—	Disposed	0	Direct
2007-04-03	Common Stock	G	590	—	Acquired	11721.666	Indirect

Footnotes

F1: Bona fide gift

F2: Shares are held in a trust for the benefit of the reporting person's spouse for limited purposes during her lifetime and then for the benefit of her children. This reporting person's spouse is also the trustee of the trust.