GRACO INC — Director's Dealing 2021

Mar 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRACO INC (GGG)
CIK: 0000042888
Period of Report: 2021-03-15

Reporting Person: Rothe Christian E (President, AFTD)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-15	Common Stock	M	27060	$24.9333	Acquired	51728.1463	Direct
2021-03-15	Common Stock	S	27060	$70.00	Disposed	56948.1463	Direct
2021-03-15	Common Stock	M	32280	$24.7933	Acquired	84008.1463	Direct
2021-03-15	Common Stock	S	32280	$70.00	Disposed	24668.1463	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-15	Non-qualified Stock Option (Right to Buy)	$24.9333	M	27060	Disposed	2024-02-14	Common Stock (27060)	Direct
2021-03-15	Non-qualified Stock Option (Right to Buy)	$24.7933	M	32280	Disposed	2025-02-13	Common Stock (32280)	Direct

Footnotes

F1: Sale pursuant to a 10b5-1 trading plan dated March 11, 2021

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.