GRACO INC — Director's Dealing 2009

Feb 3, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRACO INC (GGG)
CIK: 0000042888
Period of Report: 2009-02-02

Reporting Person: LOWE DAVID M (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-02-02	Common Stock	S	4500	$21	Disposed	109441	Direct
2009-02-02	Common Stock	S	4700	$21.01	Disposed	104741	Direct
2009-02-02	Common Stock	S	2112	$21.02	Disposed	102629	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	376.2592	Indirect