GRACO INC — Director's Dealing 2007

Feb 26, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRACO INC (GGG)
CIK: 0000042888
Period of Report: 2007-02-22

Reporting Person: JOHNSON DALE D (VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-22	Common Stock	S	5000	$41.71	Disposed	9408	Direct
2007-02-22	Common Stock	S	3956	$41.7	Disposed	5452	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2635.7865	Indirect