MARTHA A. M. MORFITT - 17 Feb 2023 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
17 Feb 2023
Transactions value $
$0
Form type
4
Filing time
21 Feb 2023, 08:07:09 UTC
Previous filing
22 Feb 2023
Next filing
09 Mar 2023
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 Non-qualified Stock Option (Right to Buy) Award $0 +6,250 $0.000000 6,250 17 Feb 2023 Common Stock 6,250 $71.47 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Nonemployee director stock option granted pursuant to the Graco Inc. 2019 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.