MARTHA A. M. MORFITT - 01 Oct 2021 Form 4 Insider Report for GRACO INC (GGG)

Role
Director
Signature
/s/ Francis J. Brixius Jr., attorney-in-fact for Ms. Morfitt
Issuer symbol
GGG
Transactions as of
01 Oct 2021
Net transactions value
+$21,125
Form type
4
Filing time
01 Oct 2021, 15:01:30 UTC
Previous filing
30 Sep 2021
Next filing
04 Jan 2022
SEC
View on sec.gov

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 Deferred Stock Shares Award $21,125 +302 +0.28% $69.97 106,797 01 Oct 2021 Common Stock 302 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The deferred stock shares were accrued under the Graco Inc. 2019 Stock Incentive Plan and are to be settled 100% in Graco common stock in a lump sum or installments upon reporting person's termination of service on the Board.
F2 Shares of Graco Inc. deferred stock received in lieu of quarterly retainer fees.
F3 The number of deferred stock shares includes deferred stock shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11.