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GRACO INC — Director's Dealing 2018
Jan 4, 2018
30443_dirs_2018-01-04_1b109aef-89e3-416c-805a-fad17a9887f1.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: 2018-01-04
Reporting Person: GALLIVAN KAREN PARK (Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-01-04 | Common Stock | M | 27000 | $14.2434 | Acquired | 72305.1171 | Direct |
| 2018-01-04 | Common Stock | S | 27000 | $46.67 | Disposed | 45305.1171 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-01-04 | Non-qualified Stock Option (Right to Buy) | $14.2434 | M | 27000 | Disposed | 2021-02-18 | Common Stock (27000) | Direct |
Footnotes
F1: Sale pursuant to a 10b5-1 Trading Plan dated November 8, 2017.
F2: Included in the amount reported are shares of Graco Common Stock acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11, and shares acquired under the Graco Inc. 2006 Employee Stock Purchase Plan, exempt under Rule 16b-3.
F3: Employee stock option granted pursuant to the Graco Inc. 2010 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.