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GRACO INC — Director's Dealing 2018
Jan 3, 2018
30443_dirs_2018-01-03_cef45ed0-5820-4100-b461-7bb9a3258361.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: 2018-01-01
Reporting Person: Etchart Eric (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-01-01 | Phantom Stock Units | $ | A | 442.28 | Acquired | Common Stock (442.28) | Direct |
Footnotes
F1: The Phantom Stock Units were accrued under the Graco Inc. 2015 Stock Incentive Plan and are to be settled 100% in Graco common stock in a lump sum or installments upon reporting person's termination of service on the Board.
F2: Shares of Graco Inc. phantom stock received in lieu of retainer fees.
F3: The number of phantom stock units includes phantom stock units acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11.
F4: Graco Inc. did a 3 for 1 stock split on 12/27/2017 and the number of phantom shares was adjusted accordingly.