GRACO INC — Director's Dealing 2023

Feb 10, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRACO INC (GGG)
CIK: 0000042888
Period of Report: 2023-02-09

Reporting Person: LOWE DAVID M (CFO and Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-09	Common Stock	M	54000	$19.58	Acquired	632897.6401	Direct
2023-02-09	Common Stock	S	31128	$70.17	Disposed	601769.6401	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-09	Non-qualified Stock Option (Right to Buy)	$19.58	M	54000	Disposed	2023-02-15	Common Stock (54000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1415.0382	Indirect

Footnotes

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

F2: The number of ESOP shares include ESOP shares acquired in unreported dividend reinvestment transactions, 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.