Eric Etchart - 01 Apr 2023 Form 4 Insider Report for GRACO INC (GGG)

Role
Director
Signature
/s/ Shannon E. Quirk, attorney-in-fact for Mr. Etchart
Issuer symbol
GGG
Transactions as of
01 Apr 2023
Net transactions value
+$22,375
Form type
4
Filing time
03 Apr 2023, 12:29:03 UTC
Previous filing
21 Feb 2023
Next filing
15 May 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 Deferred Stock Shares Award $22,375 +306 +2.3% $73.01 13,618 01 Apr 2023 Common Stock 306 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.