SEC Form 4 · accession 0001127602-16-056888
GRACO INC · GGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martha A M Morfitt
Director
Period of report
Jul 1, 2016
Accepted (ET)
Jul 1, 2016 · 4:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000042888
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF2,F1 | — | Jul 1, 2016 | A | 217 | A | — | — | Common Stock | 217 | 30,334 | D |
Explanation of responses
- F1The Phantom Stock Units were accrued under the Graco Inc. 2015 Stock Incentive Plan and are to be settled 100% in Graco common stock in a lump sum or installments upon reporting person's termination of service on the Board.
- F2The number of Phantom Stock Units includes Phantom Stock Units acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11.