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GRACO INC — Director's Dealing 2021
Feb 16, 2021
30443_dirs_2021-02-16_28a582a3-e1f0-4687-bdd0-2fab09832998.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GRACO INC (GGG)
CIK: 0000042888
Period of Report: 2021-02-12
Reporting Person: LOWE DAVID M (President, Process Division)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-12 | Common Stock | M | 54000 | $14.2433 | Acquired | 604239.4351 | Direct |
| 2021-02-12 | Common Stock | S | 54000 | $71.5468 | Disposed | 550239.4351 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-12 | Non-qualified Stock Option (Right to Buy) | $71.92 | A | 28310 | Acquired | 2031-02-12 | Common Stock (28310) | Direct |
| 2021-02-12 | 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 | 1387.7304 | Indirect |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.17 to $72.09, inclusive. The reporting person undertakes to provide Graco Inc., any security holder of Graco Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
F2: Included in the amount reported are shares acquiared under Graco Employee Stock Purchase Plan, exempt under Rule 16b-3.
F3: The number of ESOP shares include ESOP shares acquired in unreported dividend reinvestment transactions, exempt under Rule 16b-3.
F4: 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.
F5: 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.