GRACO INC — Director's Dealing 2019

Mar 11, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRACO INC (GGG)
CIK: 0000042888
Period of Report: 2019-03-08

Reporting Person: Johnson Jeffrey P. (President, New Ventures)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-08	Common Stock	M	33038	$14.2434	Acquired	76475.2122	Direct
2019-03-08	Common Stock	S	33038	$47.20	Disposed	43437.2122	Direct
2019-03-11	Common Stock	M	20962	$14.2434	Acquired	64399.2122	Direct
2019-03-11	Common Stock	S	20962	$47.20	Disposed	43437.2122	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-08	Non-qualified Stock Option (Right to Buy)	$14.2434	M	33038	Disposed	2021-02-18	Common Stock (33038)	Direct
2019-03-11	Non-qualified Stock Option (Right to Buy)	$14.2434	M	20962	Disposed	2021-02-18	Common Stock (20962)	Direct

Footnotes

F1: 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.