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GRACO INC — Director's Dealing 2024
Feb 28, 2024
30443_dirs_2024-02-28_0ac6f628-b50a-4e76-8f4b-3a92e1837629.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: 2024-02-27
Reporting Person: Merengo Claudio (President, WW Powder Division)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-27 | Common Stock | M | 300 | $23.8467 | Acquired | 19146.5715 | Direct |
| 2024-02-27 | Common Stock | S | 300 | $90.04 | Disposed | 18846.5715 | Direct |
| 2024-02-28 | Common Stock | M | 5312 | $23.8467 | Acquired | 24158.5715 | Direct |
| 2024-02-28 | Common Stock | S | 5312 | $90.0422 | Disposed | 18846.5715 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-27 | Non-qualified Stock Option (Right to Buy) | $23.8467 | M | 300 | Disposed | 2026-02-12 | Common Stock (300) | Direct |
| 2024-02-28 | Non-qualified Stock Option (Right to Buy) | $23.8467 | M | 5312 | Disposed | 2026-02-12 | Common Stock (5312) | Direct |
Footnotes
F1: The price in Column 4 is a weighted average price. The shares were sold at prices ranging from $90.00 to $90.13, 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, with full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
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.