SEC Form 4 · accession 0001127602-17-030637

GRACO INC · GGG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President and CEO · Director

Period of report

Oct 30, 2017

Accepted (ET)

Oct 31, 2017 · 5:03 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	Oct 30, 2017	M	143,000	$27.17	A	347,935	D
Common Stock	Oct 30, 2017	F	88,169	$132.87	D	259,766	D
Common Stock	Oct 30, 2017	M	126,000	$42.73	A	385,766	D
Common Stock	Oct 30, 2017	F	84,799	$132.87	D	300,967	D
Common Stock^F1	holding	—	—		—	1,908	I	By ESOP

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	$27.17	Oct 30, 2017	M	143,000	D	—	Feb 12, 2020	Common Stock	143,000	0	D
Non-qualified Stock Option (Right to Buy)^F3	$42.73	Oct 30, 2017	M	126,000	D	—	Feb 18, 2021	Common Stock	126,000	0	D

F1Included in this number are dividends paid pursuant to the Graco Employee Stock Ownership Plan, exempt under Rule 16b-3(c).
F2Employee stock option granted pursuant to the Amended and Restated Graco Inc. Stock Incentive Plan (2006) in 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.
F3Employee stock option granted pursuant to the Graco Inc. 2010 Stock Incentive Plan in 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.