MARTHA A. M. MORFITT - 16 Feb 2024 Form 4 Insider Report for GRACO INC (GGG)

Role
Director
Signature
/s/ Joseph J. Humke, attorney-in-fact for Ms. Morfitt
Issuer symbol
GGG
Transactions as of
16 Feb 2024
Transactions value $
$0
Form type
4
Filing time
20 Feb 2024, 07:52:49 UTC
Previous filing
20 Dec 2023
Next filing
21 Mar 2024

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 +4,830 $0 4,830 16 Feb 2024 Common Stock 4,830 $88.64 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.