GRACO INC — Director's Dealing 2020

Oct 16, 2020

SEC Form 4/A — Form 4/A

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

Reporting Person: GALLIVAN KAREN PARK (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-12	Common Stock	M	18557	$24.9333	Acquired	67455.4242	Direct
2020-10-12	Common Stock	S	18557	$65.00	Disposed	48898.4242	Direct
2020-10-13	Common Stock	M	23725	$24.9333	Acquired	72623.4242	Direct
2020-10-13	Common Stock	S	23725	$65.00	Disposed	48898.4242	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-12	Non-qualified Stock Option (Right to Buy)	$24.9333	M	18557	Disposed	2024-02-14	Common Stock (18557)	Direct
2020-10-13	Non-qualified Stock Option (Right to Buy)	$24.9333	M	23725	Disposed	2024-02-14	Common Stock (23725)	Direct

Footnotes

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

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.