Eric Etchart - Nov 9, 2021 Form 4 Insider Report for GRACO INC (GGG)

Role
Director
Signature
/s/ Francis J. Brixius Jr., attorney-in-fact for Mr. Etchart
Stock symbol
GGG
Transactions as of
Nov 9, 2021
Transactions value $
-$90
Form type
4
Date filed
11/12/2021, 08:10 AM
Previous filing
Oct 1, 2021
Next filing
Dec 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GGG Common Stock Options Exercise $47.7K +2.6K +9.25% $18.31 30.7K Nov 9, 2021 Direct
transaction GGG Common Stock Sale -$47.8K -600 -1.95% $79.60 30.1K Nov 9, 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GGG Non-qualified Stock Option (Right to Buy) Options Exercise $0 -2.6K -65.08% $0.00 1.4K Nov 9, 2021 Common Stock 2.6K $18.31 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sale pursuant to a 10b5-1 trading plan dated October 29, 2021.
F2 The amount of securities owned includes shares of Graco Common Stock acquired under the Graco Inc. Automatic Dividend Reinvestment Plan, exempt under Rule 16a-11.
F3 Nonemployee director stock option granted pursuant to the Graco Inc. 2010 Stock Incentive Plan in a 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.