SEC Form 4 · accession 0001127602-18-026384

GRACO INC · GGG

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

Reporting owner

Director

Period of report

Aug 27, 2018

Accepted (ET)

Aug 28, 2018 · 1:10 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
Common Stock	Aug 27, 2018	M	25,800	$11.72	A	103,251	D
Common Stock	Aug 27, 2018	M	4,400	$6.73	A	107,651	D
Common Stock^F1	Aug 27, 2018	S	10,897	$46.6686	D	96,754	D
Common Stock	Aug 28, 2018	M	21,400	$6.73	A	118,154	D
Common Stock^F2	Aug 28, 2018	S	21,400	$46.6545	D	96,754	D

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	$11.72	Aug 27, 2018	M	25,800	D	—	Apr 23, 2020	Common Stock	25,800	0	D
Non-qualified Stock Option (Right to Buy)^F4	$6.73	Aug 27, 2018	M	4,400	D	—	Apr 24, 2019	Common Stock	4,400	21,400	D
Non-qualified Stock Option (Right to Buy)^F4	$6.73	Aug 28, 2018	M	21,400	D	—	Apr 24, 2019	Common Stock	21,400	0	D

F1The price reported in Column 4 is a weighted average price. The shares were sold at prices ranging from $46.60 to $46.74, 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.
F2The price reported in Column 4 is a weighted average price. The shares were sold at prices ranging from $46.60 to $46.79, 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.
F3Nonemployee 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.
F4Nonemployee director stock option granted pursuant to the Amended and Restated Graco Inc. Stock Incentive Plan (2006) 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.