Brett C. Carter - 01 Jan 2022 Form 4 Insider Report for GRACO INC (GGG)

Role: Director
Signature: /s/ Francis J. Brixius Jr., attorney-in-fact for Mr. Carter
Issuer symbol: GGG
Transactions as of: 01 Jan 2022
Net transactions value: +$22,742
Form type: 4
Filing time: 04 Jan 2022, 10:07:16 UTC
Previous filing: 01 Oct 2021
Next filing: 05 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GGG	Common Stock	Award	$11,367	+141	+35%	$80.62	545	01 Jan 2022	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	Deferred Stock Shares	Award	$11,375	+141	+35%	$80.62	546	01 Jan 2022	Common Stock	141		Direct	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares of Graco Inc. common stock received in lieu of quarterly retainer fees.
F2	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.
F3	Shares of Graco Inc. deferred stock received in lieu of quarterly retainer fees.
F4	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.