DALE D. JOHNSON - 31 Dec 2024 Form 4 Insider Report for GRACO INC (GGG)

Role
Chief Comm Development Officer
Signature
/s/ Joseph J. Humke, attorney-in-fact for Mr. Johnson
Issuer symbol
GGG
Transactions as of
31 Dec 2024
Net transactions value
-$1,030,371
Form type
4
Filing time
02 Jan 2025, 15:36:48 UTC
Previous filing
15 Mar 2024
Next filing
18 Feb 2025
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 $0 +25,000 +16% $0.000000 184,615 31 Dec 2024 Direct
transaction GGG Common Stock Tax liability $1,030,371 -12,300 -6.7% $83.77 172,315 31 Dec 2024 Direct
holding GGG Common Stock 9,370 31 Dec 2024 By ESOP

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 Restricted Stock Units Options Exercise $0 -25,000 -100% $0.000000 0 31 Dec 2024 Common Stock 25,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of Graco common stock.
F2 100% of the total number of RSUs vest on the third anniversary of Date of Grant, subject to the continuing employment of the Reporting Person on the vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.