SEC Form 4 · accession 0001127602-15-030121
GRACO INC · GGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter J O'Shea
Officer — Vice President
Period of report
Oct 30, 2015
Accepted (ET)
Nov 3, 2015 · 3:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000042888
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 30, 2015 | M | 2,200 | $40.68 | A | 2,515 | D | |
| Common StockF1 | Oct 30, 2015 | S | 2,200 | $74.0636 | D | 315 | D | |
| Common Stock | Nov 3, 2015 | M | 800 | $40.68 | A | 1,115 | D | |
| Common StockF2,F3 | Nov 3, 2015 | S | 800 | $75.3478 | D | 315 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F4 | $40.68 | Oct 30, 2015 | M | 2,200 | D | — | Feb 17, 2016 | Common Stock | 2,200 | 800 | D |
| Non-qualified Stock Option (Right to Buy)F4 | $40.68 | Nov 3, 2015 | M | 800 | D | — | Feb 17, 2016 | Common Stock | 800 | 0 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The shares were sold at prices ranging from $74.00 to 74.13, inclusive. The reporting person undertakes to provide Graco Inc., any security holder of Graco Inc., or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
- F2The price in Column 4 is a weighted average price. The shares were sold at prices ranging from $75.34 to 75.40, inclusive. The reporting person undertakes to provide Graco Inc., any security holder of Graco Inc., or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
- F3The total number of stock units reported includes stock units acquired in unreported dividend reinvestment transactions.
- F4Employee stock option granted pursuant to the Graco Inc. 1999 Employee 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.