Eric Etchart - Nov 2, 2023 Form 4 Insider Report for GRACO INC (GGG)

Role
Director
Signature
/s/ Joseph J. Humke, attorney-in-fact for Mr. Etchart
Stock symbol
GGG
Transactions as of
Nov 2, 2023
Transactions value $
-$312,860
Form type
4
Date filed
11/3/2023, 12:00 PM
Previous filing
Oct 2, 2023
Next filing
Dec 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GGG Common Stock Options Exercise $72.6K +3K +7.92% $24.21 40.9K Nov 2, 2023 Direct F1
transaction GGG Common Stock Sale -$226K -3K -7.33% $75.20 37.9K Nov 2, 2023 Direct
transaction GGG Common Stock Options Exercise $72.6K +3K +7.92% $24.21 40.9K Nov 3, 2023 Direct
transaction GGG Common Stock Sale -$233K -3K -7.33% $77.50 37.9K Nov 3, 2023 Direct

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 -3K -37.79% $0.00 4.94K Nov 2, 2023 Common Stock 3K $24.21 Direct F2
transaction GGG Non-qualified Stock Option (Right to Buy) Options Exercise $0 -3K -60.75% $0.00 1.94K Nov 3, 2023 Common Stock 3K $24.21 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Included in the amount reported are shares of Graco Common Stock acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11.
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.