GRACO INC — Director's Dealing 2007

Jan 23, 2007

SEC Form 4/A — Form 4/A

Issuer: GRACO INC (GGG)
CIK: 0000042888
Period of Report: 2005-06-30

Reporting Person: JOHNSON DALE D (VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-06-30	Common Stock	J	8.6995	$34.07	Acquired	2642.1051	Indirect

Footnotes

F1: An incorrect number of securities and share price were reported. The correct amount of securities is an addition of 8.6995 shares with a share price of $34.070. Also, footnote (2) was incorrect. The second sentence of the footnote should read "the number of shares allocated to reporting person's ESOP Unit Stock Account will decrease or increase due to the group allocation of market value/equivalent shares, accounting for maintenance fees and dividends paid out in cash."