SEC Form 4 · accession 0001127602-17-013799
GRACO INC · GGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Kevin Gilligan
Director
Period of report
Apr 1, 2017
Accepted (ET)
Apr 4, 2017 · 2:19 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 UnitsF3,F1 | — | Apr 1, 2017 | A | 199 | A | — | — | Common Stock | 199 | 24,737 | 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.
- F2Shares of Graco Inc. phantom stock received in lieu of retainer and meeting fees.
- F3The number of Phantom Stock Units includes Phantom Stock Units acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11.