GRACO INC — Director's Dealing 2015

Apr 28, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRACO INC (GGG)
CIK: 0000042888
Period of Report: 2015-04-27

Reporting Person: Johnson Jeffrey P. (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-04-27	Common Stock	M	1500	$41.36	Acquired	11240.148	Direct
2015-04-27	Common Stock	M	2000	$35.90	Acquired	13240.148	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-04-27	Non-qualified Stock Option (Right to Buy)	$41.36	M	1500	Disposed	2017-02-16	Common Stock (1500)	Direct
2015-04-27	Non-qualified Stock Option (Right to Buy)	$35.90	M	2000	Disposed	2018-02-15	Common Stock (2000)	Direct

Footnotes

F1: 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.