MARTHA A. M. MORFITT - 19 Mar 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: 19 Mar 2024
Net transactions value: +$337,393
Form type: 4
Filing time: 21 Mar 2024, 16:07:49 UTC
Previous filing: 20 Feb 2024
Next filing: 28 Mar 2024
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	$337,393	+13,938	+7.4%	$24.21	202,707	19 Mar 2024	Direct
holding	GGG	Common Stock						3,300	19 Mar 2024	By Trusts

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	-13,938	-100%	$0.000000^*	0	19 Mar 2024	Common Stock	13,938	$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.