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GRACO INC — Director's Dealing 2024
Mar 15, 2024
30443_dirs_2024-03-15_73627fa0-9938-41b8-a7b9-907296e4ea90.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: 2024-03-15
Reporting Person: JOHNSON DALE D (Chief Comm Development Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-15 | Common Stock | M | 63510 | $23.8467 | Acquired | 223124.6976 | Direct |
| 2024-03-15 | Common Stock | S | 63510 | $93.6954 | Disposed | 159614.6976 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-15 | Non-qualified Stock Option (Right to Buy) | $23.8467 | M | 63510 | Disposed | 2026-02-12 | Common Stock (63510) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 9254.2099 | 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 $93.35 to $94.18, 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: The number of ESOP shares reported includes dividends paid pursuant to the Graco Employee Stock Ownership Plan, exempt under Rule 16b-3(c).
F3: 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.