Eric Etchart - 10 Dec 2021 Form 4 Insider Report for GRACO INC (GGG)

Role
Director
Signature
/s/ Francis J. Brixius Jr., attorney-in-fact for Mr. Etchart
Issuer symbol
GGG
Transactions as of
10 Dec 2021
Net transactions value
-$47.52
Form type
4
Filing time
13 Dec 2021, 09:50:34 UTC
Previous filing
12 Nov 2021
Next filing
15 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GGG Common Stock Options Exercise $25,584 +1,397 +4.6% $18.31 31,533 10 Dec 2021 Direct
transaction GGG Common Stock Sale $25,631 -322 -1% $79.60 31,211 10 Dec 2021 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 -1,397 -100% $0.000000* 0 10 Dec 2021 Common Stock 1,397 $18.31 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 October 29, 2021.
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.