SEC Form 4 · accession 0001127602-16-046069
GRACO INC · GGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bernard J Moreau
Officer — Vice President
Period of report
Mar 11, 2016
Accepted (ET)
Mar 11, 2016 · 1:24 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 | Mar 11, 2016 | M | 3,080 | $26.59 | A | 9,024 | D | |
| Common StockF1,F2 | Mar 11, 2016 | S | 3,080 | $81.286 | D | 5,944 | 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)F3 | $26.59 | Mar 11, 2016 | M | 3,080 | D | Feb 23, 2014 | Feb 23, 2020 | Common Stock | 3,080 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The shares were sold at prices ranging from $81.06 to $81.51, 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.
- F2Included in the amount reported are shares of Graco Common Stock acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11, and shares acquired under the Graco Inc. 2006 Employee Stock Purchase Plan, exempt under Rule 16b-3.
- F3Employee stock option granted pursuant to the Graco Inc. Amended and Restated Stock Incentive Plan (2006) in a transaction exempt under Rule 16b-3.