GRACO INC — Director's Dealing 2020

Dec 14, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRACO INC (GGG)
CIK: 0000042888
Period of Report: 2020-12-10

Reporting Person: JOHNSON DALE D (President, Worldwide CED)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-10	Common Stock	M	46696	$19.58	Acquired	260098.4351	Direct
2020-12-10	Common Stock	S	46696	$68.50	Disposed	213402.4351	Direct
2020-12-11	Common Stock	M	7304	$19.58	Acquired	220706.4351	Direct
2020-12-11	Common Stock	S	7304	$68.50	Disposed	213402.4351	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-10	Non-qualified Stock Option (Right to Buy)	$19.58	M	46696	Disposed	2023-02-15	Common Stock (46696)	Direct
2020-12-11	Non-qualified Stock Option (Right to Buy)	$19.58	M	7304	Disposed	2023-02-15	Common Stock (7304)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8913.5971	Indirect

Footnotes

F1: Sale pursuant to a 10b5-1 Trading Plan dated December 3, 2020.

F2: The number of ESOP shares reported includes dividends paid pursuant to the Graco Employee Stock Ownership Plan, exempt under Rule 16b-3(c).

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.