SEC Form 4 · accession 0001127602-17-015438
GRACO INC · GGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Etchart
Director
Period of report
Apr 25, 2017
Accepted (ET)
Apr 25, 2017 · 4:36 pm EDT
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 | Apr 25, 2017 | M | 800 | $36.96 | A | 8,917 | D | |
| Common Stock | Apr 25, 2017 | S | 302 | $98.20 | D | 8,615 | 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)F2 | $36.96 | Apr 25, 2017 | M | 800 | D | — | Dec 2, 2020 | Common Stock | 800 | 0 | D |
Explanation of responses
- F1Sale pursuant to a 10b5-1 trading plan dated February 17, 2017.
- F2Nonemployee director stock option granted pursuant to the Graco Inc. 2010 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.