Eric Etchart - 01 Aug 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 Aug 2023
Net transactions value: +$72,620
Form type: 4
Filing time: 01 Aug 2023, 14:21:58 UTC
Previous filing: 05 Jul 2023
Next filing: 01 Sep 2023
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	$72,620	+3,000	+8.6%	$24.21	37,797	01 Aug 2023	Direct

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	-3,000	-27%	$0.000000	7,938	01 Aug 2023	Common Stock	3,000	$24.21	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. 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.