GRACO INC — Director's Dealing 2020

Feb 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRACO INC (GGG)
CIK: 0000042888
Period of Report: 2020-02-04

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-04	Common Stock	M	54000	$14.2434	Acquired	266872.6617	Direct
2020-02-04	Common Stock	S	54000	$55.00	Disposed	212872.6617	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-04	Non-qualified Stock Option (Right to Buy)	$14.2433	M	54000	Disposed	2021-02-18	Common Stock (54000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8799.2177	Indirect

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.