GRACO INC — Director's Dealing 2019

Aug 7, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRACO INC (GGG)
CIK: 0000042888
Period of Report: 2019-08-07

Reporting Person: MORFITT MARTHA A M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-07	Common Stock	M	19350	$11.72	Acquired	230769	Direct
2019-08-07	Common Stock	M	21300	$15.0267	Acquired	252069	Direct
2019-08-07	Common Stock	M	16800	$18.3133	Acquired	268869	Direct
2019-08-07	Common Stock	M	18000	$19.8367	Acquired	286869	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-08-07	Non-qualified Stock Option (Right to Buy)	$11.72	M	19350	Disposed	2020-04-23	Common Stock (19350)	Direct
2019-08-07	Non-qualified Stock Option (Right to Buy)	$15.0267	M	21300	Disposed	2021-04-21	Common Stock (21300)	Direct
2019-08-07	Non-qualified Stock Option (Right to Buy)	$18.3133	M	16800	Disposed	2022-04-20	Common Stock (16800)	Direct
2019-08-07	Non-qualified Stock Option (Right to Buy)	$19.8367	M	18000	Disposed	2023-04-26	Common Stock (18000)	Direct

Footnotes

F1: Nonemployee director stock option granted pursuant to the Graco Inc. 2010 Stock Incentive Plan in a 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.