GRACO INC — Director's Dealing 2020

Feb 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Zumbolo Brian J (President, Asia Pacific)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-04	Common Stock	M	55800	$16.6133	Acquired	83453.9294	Direct
2020-02-04	Common Stock	S	55800	$55.00	Disposed	27653.9294	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-04	Non-qualified Stock Option (Right to Buy)	$16.6133	M	55800	Disposed	2022-02-17	Common Stock (55800)	Direct

Footnotes

F1: Included in the amount reported are shares acquired under Graco Employee Stock Purchase Plan, exempt under Rule 16b-3.

F2: 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.