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GRACO INC Director's Dealing 2013

Sep 18, 2013

30443_dirs_2013-09-18_1108ba89-6056-4a11-8b3c-e2aeeda7ee59.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: 2013-09-16

Reporting Person: GALLIVAN KAREN PARK (Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-09-16 Common Stock M 2377 $40.68 Acquired 8696.815 Direct
2013-09-16 Common Stock S 2377 $73.00 Disposed 6319.815 Direct
2013-09-17 Common Stock M 15673 $40.68 Acquired 21992.815 Direct
2013-09-17 Common Stock M 17042 $41.36 Acquired 39034.815 Direct
2013-09-17 Common Stock S 32715 $73.00 Disposed 6319.815 Direct
2013-09-18 Common Stock M 4450 $40.68 Acquired 10769.815 Direct
2013-09-18 Common Stock M 5458 $41.36 Acquired 16227.815 Direct
2013-09-18 Common Stock S 9908 $73.00 Disposed 6319.815 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-09-16 Non-qualified Stock Option (Right to Buy) $40.68 M 2377 Disposed 2016-02-17 Common Stock (2377) Direct
2013-09-17 Non-qualified Stock Option (Right to Buy) $40.68 M 15673 Disposed 2016-02-17 Common Stock (15673) Direct
2013-09-17 Non-qualified Stock Option (Right to Buy) $41.36 M 17042 Disposed 2017-02-16 Common Stock (17042) Direct
2013-09-18 Non-qualified Stock Option (Right to Buy) $40.68 M 4450 Disposed 2016-02-17 Common Stock (4450) Direct
2013-09-18 Non-qualified Stock Option (Right to Buy) $41.36 M 5458 Disposed 2017-02-16 Common Stock (5458) Direct

Footnotes

F1: Sale pursuant to a 10b5-1 Trading Plan dated September 6, 2013.

F2: Employee 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.

F3: Employee stock option granted pursuant to the Amended and Restated Graco Inc. Stock Incentive Plan (2006) 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.