Eric Etchart - Feb 2, 2023 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
Feb 2, 2023
Transactions value $
-$312,380
Form type
4
Date filed
2/3/2023, 01:38 PM
Previous filing
Jan 4, 2023
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GGG Common Stock Options Exercise $119K +6K +18.99% $19.84 37.6K Feb 2, 2023 Direct
transaction GGG Common Stock Sale -$431K -6K -15.96% $71.90 31.6K Feb 2, 2023 Direct F1

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 -6K -100% $0.00* 0 Feb 2, 2023 Common Stock 6K $19.84 Direct F2
* 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 November 11, 2022.
F2 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.