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GRACO INC Director's Dealing 2021

Jul 30, 2021

30443_dirs_2021-07-30_a64937c7-8d98-4303-bfd4-724a648d956d.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: GRACO INC (GGG)
CIK: 0000042888
Period of Report: 2021-07-21

Reporting Person: Gargano Anthony J (President, Asia Pacific)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4862.23 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Non-qualified Stock Option (Right to Buy) $24.7934 2025-02-13 Common Stock (1395) Direct
Non-qualified Stock Option (Right to Buy) $23.8467 2026-02-12 Common Stock (3588) Direct
Non-qualified Stock Option (Right to Buy) $30.3467 2027-02-17 Common Stock (2820) Direct
Non-qualified Stock Option (Right to Buy) $43.90 2028-02-16 Common Stock (1759) Direct
Non-qualified Stock Option (Right to Buy) $45.56 2029-02-15 Common Stock (1844) Direct
Non-qualified Stock Option (Right to Buy) $56.35 2030-02-14 Common Stock (1805) Direct
Non-qualified Stock Option (Right to Buy) $71.92 2031-02-12 Common Stock (1274) Direct
Restricted Stock Units $ Common Stock (10000) 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.

F2: Employee stock option granted pursuant to the Graco Inc. 2015 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.

F3: Employee stock option granted pursuant to the Graco Inc. 2019 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.

F4: Represents a grant of restricted stock units ("RSUs") under the Graco Inc. 2019 Stock Incentive Plan in a transaction exempt under Rule 16b-3. 100% of the total number of RSUs will vest on January 1, 2026, subject to Mr. Gargano's continued employment through that date.

F5: Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of Graco common stock.