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GRACO INC — Director's Dealing 2012
Feb 3, 2012
30443_dirs_2012-02-03_25a2e4ad-209b-4bc7-bba2-6cce41da6d4f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GRACO INC ((GGG))
CIK: 0000042888
Period of Report: 2012-02-03
Reporting Person: GILLIGAN J KEVIN (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-02-03 | Common Stock | M | 5625 | $19.13 | Acquired | 13990 | Direct |
| 2012-02-03 | Common Stock | S | 2232 | $48.2447 | Disposed | 11758 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-02-03 | Non-Qualified Stock Option (right to buy) | $19.13 | M | 5625 | Disposed | 2012-05-07 | Common Stock (5625) | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average price. The shares were sold at prices ranging from $48.08 to $48.38, inclusive. The reporting person undertakes to provide Graco Inc., any security holder of Graco Inc., or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
F2: Nonemployee director stock option granted pursuant to the Graco Inc. Stock Incentive Plan in transaction exempt under Rule 16b-3. The stock option becomes exercisable in four equal annual installments, commencing one year after the date of the grant.